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Telecom Italia CEO says tie-up with Iliad remains possible

MILAN, May 8 (Reuters) - Telecom Italia (TIM) TLIT.MI will continue to explore the possibility of a tie-up with French-owned rival Iliad as it remains convinced that consolidation is needed to make Italy's telecoms sector sustainable, its boss said on Thursday.

     "We will continue to pursue the possibility of a deal with Iliad," TIM Chief Executive Pietro Labriola told analysts in a  call after it released quarterly earnings.

However, he added that it would not be a nightmare for TIM if an alternative tie-up happened between Iliad and rival Wind Tre.

 (Reporting by Elvira Pollina
Editing by Keith Weir)

 ((elvira.pollina@thomsonreuters.com;))

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