Iliad in exclusive talks with Hutchison and Vimpelcom on Italian concessions-sources

July 4, 2016 5:21 PM

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BRUSSELS/PARIS, July 4 CK Hutchison Holdings and Vimpelcom are in exclusive talks with Iliad to create a fourth Italian telecoms network operator in a bid to win antitrust approval to merge their mobile operations in the country, two people familiar with the matter said on Monday.

Iliad and Swisscom's Fastweb had competed to take up Hutchison's offer of frequencies and infrastructure assets, sources said.

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