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TI.A - Telecom Italia SpA News Story

$5.21 0.0  0.0%

Last Trade - 05/07/19

Sector
Telecoms
Size
Large Cap
Market Cap £7.60bn
Enterprise Value £31.28bn
Revenue £13.57bn
Position in Universe th / 7157

Telecom Italia eying investors for Noovle, Sparkle businesses - CEO

Wed 28th July, 2021 2:14pm
MILAN, July 28 (Reuters) - Telecom Italia  TLIT.MI  is
considering bringing investors on board in its cloud and
undersea cable businesses, the phone group's chief executive
said on Wednesday.
    Any such consideration on the entry of potential investors
in (cloud unit) Noovle and Sparkle would be made by the end of
the year, Luigi Gubitosi told analysts in a conference call on
first-half results.
    

 (Reporting by Elvira Pollina, writing by Stephen Jewkes;
editing by Agnieszka Flak)
 ((stephen.jewkes@thomsonreuters.com; +39.0266129695; Reuters
Messaging: stephen.jewkes.thomsonreuters.com@reuters.net))
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