Telecom Italia Said to Extend Argentina Stake Sale Deadline

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

Telecom Italia Said to Extend Argentina Stake Sale Deadline 2014-08-29 19:17:31.39 GMT

By Divya Balji Aug. 29 (Bloomberg) -- Telecom Italia has given Mexican financier David Martinez as many as 30 more days to complete $960m purchase of its stake in Telecom Argentina, two people familiar w/ matter told Bloomberg News’ Daniele Lepido. * Deadline extended from Sept. 1 for Fintech Group; status of deal will be discussed at board mtg on Sept. 25 * No other changes to agreement terms Link to Story: NSN NB31AB6KLVR6<GO>

For Related News and Information: Telecom Italia to Pursue Growth as Telefonica Picked for GVT NSN NB24X06KLVR8 <GO> Telecom Italia Peer Product Comparisons: TIT IM <Equity> PPC <GO> Top Technology Stories: TTOP <GO> Top Stories: TOP <GO>

To contact the reporter on this story: Divya Balji in Toronto at +1-416-203-5714 or dbalji1@bloomberg.net To contact the editor responsible for this story: Arie Shapira at +1-212-617-1488 or ashapira3@bloomberg.net