3 Italia not splitting up

21 Nov 2008

Hutchison Whampoa’s Italian mobile unit 3 Italia has released a statement denying it has held secret talks regarding the possibility of disbanding the company and selling off its various assets. Earlier this week the Italian financial daily Il Sole 24 Ore had speculated that the cellco was considering selling its customer base and UMTS licence to rival mobile operator Wind, while fixed line operator Telecom Italia would take control of its systems and customer care structures.

Italy, 3 Italia (H3G Italia)