Telecom Italia Said to Brace for Failed Sale of Argentine Stake

+------------------------------------------------------------------------------+

Telecom Italia Said to Brace for Failed Sale of Argentine Stake 2014-09-10 16:12:19.8 GMT

By Daniele Lepido Sept. 10 (Bloomberg) -- Telecom Italia is considering a new unit to oversee its Latin American business because regulatory approval of its Argentine assets is unlikely, according to people with knowledge of the matter. * Co. preparing a back-up plan for its Latin American business if the $960m disposal of its 22.7% stake in Telecom Argentina to Fintech fails, according to the people, who declined to be identified because the talks are private Story link: {NSN NBP0ZU6K50YI <go>}

Link to Company News:{TIT IM <Equity> CN <GO>}

For Related News and Information: First Word scrolling panel: {FIRST<GO>} First Word newswire: {NH BFW<GO>}

To contact the reporter on this story: Daniele Lepido in Milan at +39-02-8064-4266 or dlepido1@bloomberg.net

To contact the editor responsible for this story: Andrew Rummer at +44-20-7073-3722 or arummer@bloomberg.net