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Telecom Italia's network spin-off would put at risk 20,000 jobs: trade union source

November 22, 2018 3:13 PM
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ROME (Reuters) - The plan to spin off the fixed-line network of former telecoms monopolist Telecom Italia would put at risk 20,000 jobs, a trade union source said on Thursday.

Italy’s government is studying a spin-off of network assets from Telecom Italia (TIM). Il Messaggero daily said on Thursday 30,000 TIM staff would be transferred to the new fixed-line company together with assets - both from TIM and Open Fiber - worth 15 billion euros ($17 billion).

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