ROME, July 16 Telecom Italia wants the
domestic regulatory framework to be in line with guidelines set
by European authorities to go ahead with the planned separation
of its fixed line network, its chairman said on Tuesday.
"We believe in the project and we want to go ahead with it
but the spin-off has been decided with the European framework in
mind. We want to be sure that the rules that apply are the ones
set by Brussels," Chairman Franco Bernabe said on the sidelines
of a parliamentary hearing.
Bernabe said he was "optimistic" about the outcome of a
regulatory review in Italy.
Shares in Telecom Italia fell to a record low on Tuesday
following the company's decision to put the spin-off of its
network on hold in a row with the local regulator over tariffs
its rivals pay to access the grid.
(Reporting by Alberto Sisto, writing by Danilo Masoni)