Telecom Italia Near 15-Year Low Lured Tycoon Sawaris, Now Li

Telecom Italia Near 15-Year Low Lured Tycoon Sawaris, Now Li

Alessia Pierdomenico/Bloomberg

The Borsa Italiana, Italy's stock exchange, is reflected on the glass of a public telephone booth operated by Telecom Italia SpA, in Milan. Telecom Italia is selling assets and cutting jobs as it looks for ways to reduce debt and raise money for investments.