Telecom Italia weighs overseas options, bid talk swirls

By Alberto Sisto and Paolo Biondi ROME (Reuters) - Renewed signs of foreign bid interest in Telecom Italia emerged on Friday just as its board met to discuss the company's options after failing to expand in Brazil and hitting setbacks in its attempt to exit from Argentina. At the top of the meeting's formal agenda was the sale of its controlling stake in Telecom Argentina to investment company Fintech, a $960 million deal the Italian group agreed nearly a year ago which has been thrown into question because it has not yet been cleared by regulators. ...



via Tech News Headlines - Yahoo News http://ift.tt/ZVBfcu