Telecom Italia (TI) is reportedly considering a radical restructuring of its operations in order to sell all or part of its network and mobile telephony businesses so it can concentrate on its broadband and media services. The sale of Telecom Italia Mobile, worth more than 30 billion euro, could help ease TI’s debt of about 40 billion euro ?? the same as the group’s market capitalisation. Part of its network business may be sold first as regulators have been putting pressure on TI to separate the network from its other activities.
The possible restructuring underscores the global uncertainty facing operators as they struggle to find a successful strategy.
