August 9, 2013 / 10:11 AM / in 4 years

Italy's Letta says CDP will not take stake in Telecom Italia

MILAN, Aug 9 (Reuters) - Italian state-financed agency Cassa Depositi e Prestiti (CDP) will not buy into debt-laden phone company Telecom Italia, Prime Minister Enrico Letta said on Friday.

“There is no plan for the CDP to enter in Telecom Italia at the moment,” Letta said during a press conference on CDP’s business plan. (Reporting by Giselda Vagnoni; Writing by Francesca Landini)

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