Italy approves single network plan as deal with TIM sought : Papers

MILAN: Italy’s government has approved a single broadband network proposal that could be presented to Telecom Italia next week as part of a bid to resolve months of wrangling over control of the future network, several newspapers said on Thursday.

The plan, which would restrict Telecom Italia’s (TIM) control of the future network while allowing it to keep a majority holding, was presented to Prime Minister Giuseppe Conte and top ministers on Wednesday by the head of state lender CDP.

CDP declined to comment.