Telecom Italia SpA Mulls Mobile Unit Spin-Off-Reuters

Tuesday, 21 May 2013 03:53pm EDT 

Reuters reported that Telecom Italia is mulling spinning off its mobile unit along with its fixed-line network from the rest of the Company to bring new investors on board. While plans to spin off the fixed-line network have been on the debt-laden company's management agenda for months, the idea of stripping out the mobile unit is new. 

Company Quote

-0.0195 -2.18%
5:49am EST