Telecom Italia to sell part of its enterprise service division - reports

The potential sale is part of the group’s turnaround recovery plan

Kelsey Rees
clock • 1 min read
Telecom Italia to sell part of its enterprise service division - reports

Telecom Italia (TIM) is getting ready to kick-off a potential sale of a minority stake in its enterprise service business. According to two sources cited by Reuters, the sale is part of TIM CEO Pietro Labriola's turnaround plan to restore the business from its debt woes.  Reuters added TIM will shortly launch a selection process to choose a partner for its enterprise business unit. The venture is made up of the phone group's connectivity services for corporate clients and public admi...

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