The planned sale, worth up to 22 billion euros ($23.61 billion), is a plank of Labriola s revamp of the group and is aimed at slashing TIM s debt pile and offloading more than a half of the domestic workforce on to the network company.
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Telecom Italia builds bid for national cloud hub lightreading.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lightreading.com Daily Mail and Mail on Sunday newspapers.