Under Labriola, TIM is seeking an overhaul of its business centred around ceding control of its landline grid to CDP in a bid to raise cash and cut its debt pile.
(Reporting by Elvira Pollina; Editing by Keith Weir)
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
0.2259 EUR | 0.00% | -0.09% | -23.22% |
05-03 | Intesa targets new digital-only clients after antritrust blow | RE |
05-03 | Mib advances; Cucinelli confirms top spot | AN |
MILAN (Reuters) - Talks between Telecom Italia (TIM) and state lender CDP to form a single network operator are proceeding despite an early election to be held in Italy next month, TIM CEO Pietro Labriola said on Thursday, citing remarks from a top CDP official.
Under Labriola, TIM is seeking an overhaul of its business centred around ceding control of its landline grid to CDP in a bid to raise cash and cut its debt pile.
(Reporting by Elvira Pollina; Editing by Keith Weir)
1st Jan change | Capi. | |
---|---|---|
-23.22% | 5.26B | |
+8.80% | 196B | |
+4.32% | 164B | |
-0.05% | 116B | |
-1.86% | 93.7B | |
+14.44% | 71.82B | |
+6.04% | 59.9B | |
-6.44% | 49.58B | |
-18.02% | 38.31B | |
-30.16% | 38.3B |