BRIEF-Gemini reports Q1 net loss per share of $0.04
* Now expecting revenue for 2017 to be less than 2016 but expects activity to pick up in second half of 2017 into 2018 Source text for Eikon: Further company coverage:
MILAN, Sept 5 Egyptian tycoon Naguib Sawiris, AT&T and America Movil have approached the core Telecom Italia investors who want to exit their unprofitable investment in the Italian group, a source familiar with the situation said.
Contact is at a preliminary stage and the three players had not formally expressed an interest, the source added.
The board of Telecom Italia is meeting on Sept. 19 and its chairman Franco Bernabe is seeking a new investor ahead of the meeting.
Telecom Italia is 22.4 percent-owned by Telco, which is in turn controlled by banks Mediobanca and Intesa Sanpaolo, insurer Generali and telecoms operator Telefonica.
AT&T declined to comment. Sawiris, America Movil and Telecom Italia were not immediately available for comment.
* Ironhorse announces Q1 2017 financial and operating results
* AT&T announces IBEW-represented employees vote to ratify midwest wireline agreement