Share

Telecom Italia, Patuano: "No capital increase hypothesis", the stock soars on the Stock Exchange

As for the willingness of the Egyptian tycoon Naguib Sawiris to invest in Telecom, Patuano limited himself to replying that he knew nothing: "I read it in the newspapers."

Telecom Italia, Patuano: "No capital increase hypothesis", the stock soars on the Stock Exchange

For Telecom Italia, the hypothesis of a capital increase "is not on the table". This was assured by the managing director of the group, Marco Patuano, intercepted in the streets of central Milan.

After the CEO's words, Telecom Italia shares accelerated upwards, gaining about three percentage points in the early afternoon. 

As for the willingness of the Egyptian tycoon Naguib Sawiris to invest in Telecom, Patuano limited himself to replying that he knew nothing: "I read it in the newspapers."

comments