Home Exclusive: Telefonica likely to back Telecom Italia cash call, eyes TIM sale
 

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Exclusive: Telefonica likely to back Telecom Italia cash call, eyes TIM sale

2013-11-06 18:43:01| Telecom - Topix.net

Spain's Telefonica is set to agree on an overhaul of Telecom Italia finances, including a likely cash injection of up to 2 billion euros, as it tightens its grip on the group and eyes a sale of its Brazilian unit TIM in 2014, multiple sources familiar with the strategy said.

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Category:Telecommunications

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