A Business Square, spotlights on Telecom Italia, which in the mid-morning recorded an increase of more than 5%, signaling itself as the most brilliant stock on the Italian list, which in the same minutes travels in abundantly positive territory.
According to analysts, the company's prices are driven by the rumors, anticipated by the Financial Times and also reported by the Italian press, according to which Hutchison Whampoa and Vimpelcom are reportedly in advanced negotiations to merge their Italian businesses, respectively 3 Italy and Wind.
A possible merger, in fact, would reduce the number of mobile telephone operators in Italy to three, thus reducing competition on prices and allowing Telecom to increase its margins in the expectations of financial operators.
