Telecom Italia says will not discuss capital hike on Thursday

MILAN, July 31 Wed Jul 31, 2013 4:34am EDT

MILAN, July 31 (Reuters) - Telecom Italia said on Wednesday discussion of a capital increase at its board meeting on Thursday was not on the agenda.

"The company clarifies that the discussion of a capital increase is not an item on the agenda of the Board of Directors meeting on August 1," it said in a statement.

An unsourced report in newspaper Il Messaggero said on Wednesday Telecom Italia Chairman Franco Bernabe was mulling a cash call to help cope with financial difficulties. (Reporting by Stephen Jewkes; editing by Francesca Landini)

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