Reuters: Technology News: Telecom Italia's Bernabe says business plan comes first

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Telecom Italia's Bernabe says business plan comes first Sep 6th 2013, 11:51 Tweet Share this Email Print Franco Bernabe, Telecom Italia chairman and CEO, poses in his office in Rome, April 19, 2013. Credit: Reuters/Alessandro Bianchi CERNOBBIO, Italy | Fri Sep 6, 2013 7:51am EDT CERNOBBIO, Italy (Reuters) - Telecom Italia Chairman Franco Bernabe said on Friday that what came first for the telecoms company was a business plan rather than a decision on partners. "The company is big enough and the initial idea that an industrial shareholder is needed is obsolete. What is required is an industrial plan which could include an industrial partner with Telecom on an equal footing," he said on the sidelines of a business gathering in Cernobbio. He also said: "there is no need for financial investors. We have already been there." (Reporting by Paolo Arosio and Giancarlo Navach, writing by Danilo Masoni, editing by Stephen Jewkes) Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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