Telecom Italia Said Open to Majority Stake Disposal in InwitBy
Holding in tower unit Inwit has market value of $1.8 billion
Board meeting scheduled for Friday to discuss tower strategy
Telecom Italia SpA is open to divesting as much as its entire 60 percent stake in Inwit SpA, the mobile-phone tower division that held an initial public offering earlier this year, to help reduce debt and finance acquisitions, according to two people familiar with the matter.
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