Telecom Italia weighs reorganization of business unit: Bloomberg

August 4, 2015 9:52 PM

43 0

Telecom Italia weighs reorganization of business unit: Bloomberg

Italy's Telecom Italia SpA (TLIT.MI) is considering merging its OpenAccess business unit that leases its landline network to rivals with its wholesale business to avoid antitrust charges of as much as 4 billion euros ($4.35 billion), Bloomberg reported on Tuesday.

The reorganization plan will be reviewed by the board on August 6, Bloomberg reported, citing people familiar with the matter. (bloom.bg/1KOMVTO)

Also read: Energy Future bankruptcy exit hearings set for February

Read more

To category page

Loading...