Telecom Italia Said to Eye 40% Stake in Carrier Metroweb

Updated on
  • Board is scheduled to review possible cash bid Oct. 16
  • Metroweb operates fiber-optic network in the Milan area

Telecom Italia SpA is reviewing a potential bid for an initial stake of 40 percent in fiber-optic carrier Metroweb SpA to strengthen its own ultra-broadband network, according to two people familiar with the matter.

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