Optical fibre cables of Telecom Italia are seen in a telephone exchange in Rome, Italy December 20, 2013. REUTERS/Alessandro Bianchi
The sale is a key plank of CEO Pietro Labriola's strategy to break up and revamp the battered company. State lender Cassa Depositi e Prestiti has anto submit a preliminary bid for the landline grid, under a plan championed by Meloni's predecessor Mario Draghi. Butti criticised such an approach and called for CDP to take over TIM, whose stock is trading close to record lows, with the aim to combine the former phone monopoly network assets with those of Open Fiber.
Source: News Formal (newsformal.com)
Thought it was some sort of Christmas dessert stuffed into a gun barrel.
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