60 Pietro Labriola, CEO of Telecom Italia (TIM), revealed in an interview on Thursday the potential for additional benefits nearing almost 5 billion euros ($5.37 billion) from the company’s new business plan. Labriola suggested that these gains could be utilized partly for dividends and initiatives aimed at accelerating growth. In discussions with Italian daily Il Messaggero, Labriola also touched on the ongoing negotiations for the sale of TIM’s Sparkle unit, indicating that there are various potential outcomes, with a resolution expected soon. Regarding the sale of TIM’s fixed network grid to U.S. fund KKR, which forms a pivotal part of the company’s business strategy, Labriola expressed confidence that the deal would be concluded within the anticipated timeframe. You Might Be Interested In Anticipated Increase in Vietnam’s Agricultural Exports to China How to Setup PMA in Indonesia? Strengthening Ghana’s Agriculture: U.S. and EU Collaborate to Boost Financing Opportunities Grab driver allegedly scammed of $172,000 by CarTimes salesman YouTrip Raises $50 Million in Series B Funding to Expand Its Digital Payment Platform Across Southeast Asia Egypt’s Petroleum Minister Explores Investment Opportunities with Dana Gas and Petronas
