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Telecom Italia CEO Sees Up to €5 Billion Upside After Grid Sale


Telecom Italia SpA’s blockbuster network sale to the US private equity firm KKR & Co. is fully on track and will contribute to what the former Italian phone monopoly’s head says is €5 billion ($5.4 billion) in upside at the company.

WATCH: Telecom Italia Chief Executive Officer Pietro Labriola is confident that his network sale to the US private equity firm KKR will contribute as much as 5 billion euros in upside at the company. He speaks with Bloomberg’s Francine Lacqua on “The Pulse.”Source: Bloomberg

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