TELECOM ITALIA Il Sole 24 ore reports that JP Morgan would have sold its remaining stake (4.5%) of Telecom Italian on the market.
La Repubblica reports that Niel’s plans for discounted mobile services in Italy will be more difficult to implement than in France and that its unlikely that he will be able to offer services until at least next summer.
Consob has banned short selling of Telecom Italia and for July 7.