Telecom Italia says may reconsider Telecom Argentina's sale if Argentine regulators continue delaying deal approval, TIM remains core asset
Telecom Italia may reconsider the sale of its stake in Telefonica Argentina to Fintech if Argentine authorities continue to delay the deal's approval, a newswire reported.
Reuters, citing Telecom Italia’s CEO, Marco Patuano said that the company had already postponed the deadline for the deal to 25 September, however, TI cannot put it off indefinitely and the company may reconsider the deal.
Patuano also added that Brazilian telco TIM, is still a core asset of the Italian company even though its sale was on the table in the past, the item added.