Telecom Italia met with GIP over possible grid investment - source

The Tim logo is seen at its headquarters
The Tim logo is seen at its headquarters in Rome, Italy November 22, 2021. REUTERS/Yara Nardi/File Photo

MILAN, Dec 14 (Reuters) - Telecom Italia (TLIT.MI) has held a meeting with representatives of Global Infrastructure Partners to discuss a potential investment by the infrastructure fund into the phone group's landline grid, a source with knowledge of the matter said.

Telecom Italia Chief Executive Pietro Labriola on Wednesday said the company needs to sell assets to cut its debt after a sale of the grid to state lender CDP was put on hold by Italy's new government.

It was not immediately possible to reach GIP for comment.

Reporting by Elvira Pollina; Writing by Valentina Za; Editing by Keith Weir

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