Qatari funds in talks with Telecom Italia over stake in spin-off
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Qatari funds in talks with Telecom Italia over stake in spin-off

Qatari funds in talks with Telecom Italia over stake in spin-off

Qatari funds have held discussions with Telecom Italia about acquiring a stake in its spun-off fixed-line business, as Italy's national incumbent seeks to create an independent ownership structure for its heavily regulated network, Financial Times has reported, citing two source with knowledge of the situation. The new fixed-line company has been valued by analysts at more than €13bn. The new investors would create a more balanced ownership, one source said, adding that Telecom Italia did not need to retain such a large shareholding in the network that will carry its mobile and data traffic.

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