Italian Election Frontrunner Wants State Lender to Take Control of TIM
KONTAN.CO.ID - ROME. The far-right Brothers of Italy party, leading polls ahead of next month's election, is calling for state lender Cassa Depositi e Prestiti (CDP) to take control of Telecom Italia (TIM). A party official said on Friday.
Under new CEO Pietro Labriola, former phone monopoly TIM is seeking an overhaul of its business centred around ceding control of its landline grid to CDP to raise cash and cut its debt pile.
