TI Telecom Italia S.P.A. New

--Italy's communications regulator has provisionally rejected Telecom Italia's plan to separate its landline network--valued at about EUR15 billion--saying a spinoff wouldn't increase competition in the Italian telecoms market, Bloomberg reports.

--Agcom says TIM's proposal to spin off the network while keeping majority ownership would allow the company to retain a "significant competitive advantage" across the country--outside of Milan--without reducing any regulatory burden, Bloomberg writes.

Full story: bloom.bg/2R2DSUf

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(END) Dow Jones Newswires

January 21, 2019 06:40 ET (11:40 GMT)

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