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Telecom Italia does not exclude the conversion of savings shares

Patuano: "There is no position on the matter, which will be discussed by the board of directors in the second half of the year".

Telecom Italia does not exclude the conversion of savings shares

Chief Executive Officer Marco Patuano reiterated that Telecom Italia does not rule out the conversion of savings shares and confirmed that the issue will be discussed in the second half of the year.

“If you ask me if it's a modern form of dividing equity between ordinary and savings, I'll answer no,” said the manager in the conference call with the analysts.

“It's not an option on the table, there isn't a dividend problem we'll talk about it again in the future – he added -. There is no position on the matter, which will be discussed by the board of directors in the second half of the year”.

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