Telecom Italia reviews options for TIM
10 Dec 10 -
Italian telco Telecom Italia is still reviewing its options for its television division Telecom Italia Media (TIM) and has not yet made a decision to sell it. Telecom Italia Media, which is 70% owned by the company, operates free-to-air channel La7 and MTV. Earlier this week, it was reported that an investment bank had been hired to sell the unit.
However, chief executive Franco Bernabé told local press: "The review is still going on just as it is for all of the other assets."