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Italy: Telecom Italia to Reorganise Domestic Operations - Report
Source: telecompaper.com
Source Date: Monday, September 09, 2013
Country: Italy
Created: Sep 18, 2013

Telecom Italia is considering a reorganization of its domestic units under a plan that would create separate companies for its consumer and business services, a person with knowledge of the matter told Bloomberg. The carrier may create a holding company called Telecom Italia Services for some of its activities, including the network operator company Opac SpA, retail customers, business clients and customer services. Details of the plan are still being worked out and no final decision has been made. The company's top managers plan to present the proposal to directors at a board meeting on 19 September. Creating separate companies would allow them to have their own balance sheets and reduce costs.
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