MILAN, Aug 2 (Reuters) - The head of Telecom Italia said on Friday talks with broadband infrastructure group Open Fiber over a possible tie up were continuing “in a very constructive climate”.
“We did present our options to the board and the board conferred a mandate to continue negotiations with Open Fiber shareholders,” Luigi Gubitosi told analysts in a call on second quarter results.
In June TIM signed a non-disclosure agreement with Open Fiber owners state lender CDP and utility Enel to start talks on ways of integrating their fibre optic networks. (Reporting by Elvira Pollina and Stephen Jewkes)
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