Telecom Italia CEO says 'very constructive climate' for Open Fiber talks
Reuters
Published Aug 02, 2019 12:36
Telecom Italia CEO says 'very constructive climate' for Open Fiber talks
MILAN (Reuters) - The head of Telecom Italia (MI:TLIT) 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 (MI:ENEI) to start talks on ways of integrating their fibre optic networks.
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Written By: Reuters
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