Martedì, 23 Ottobre 2018

Telecom Italia to decide sale of broadcast unit by Feb 7


Milan, January 17 - Telecom Italia's board will
pursue its plan to sell its broadcasting unit Telecom Italia
Media, and it will make a decision before February 7, according
to a source present during a directors' meeting on Thursday.
Talks with potentially interested buyers - Italian
investment firms Clessidra and Equinox, as well as investors
from Cairo - are continuing, the source added.
Italian media had reported that Telecom Italia, Italy's
former state-owned telecommunications company, aimed to sell its
77% stake in the unit by the end of 2012 to help cut its debt.

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