Telecom Italia Board to Review Hutchison Linkup at Next Meeting
This article is for subscribers only.
Telecom Italia SpA’s board will review the feasibility of a merger with Hutchison Whampoa Ltd.’s Italian business at its next meeting, said Marco Patuano, chief operating officer of Italy’s biggest phone company.
“The H3G issue will be examined at the next board meeting,” said Patuano, speaking to reporters in Rome today at the Bank of Italy’s annual meeting. Directors of the carrier will meet June 5 in Milan, according to a person familiar with the matter, asking not to be identified because the meeting schedule isn’t public.