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BRIEF-Telecom Italia CEO says law needed if state wants to nationalise network
June 21, 2017 / 2:40 PM / 6 months ago

BRIEF-Telecom Italia CEO says law needed if state wants to nationalise network

June 21 (Reuters) - Telecom Italia CEO Flavio Cattaneo says in a parliamentary hearing:

* parliament needs to pass a law if it wants to nationalise Telecom Italia’s Sparkle unit

* network is not for sale, it’s a strategic asset

* if state wants to nationalise network then it will have to pass a law

* will not comment on network’s value since not for sale, “I could tell you 20-25 billion euros” but it would be just a numberFurther company coverage: (Reporting by Milan newsroom)

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