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SCMWY Swisscom AG (PK)

64.89
0.05 (0.08%)
Last Updated: 18:53:30
Delayed by 15 minutes
Share Name Share Symbol Market Type
Swisscom AG (PK) USOTC:SCMWY OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.05 0.08% 64.89 64.06 64.89 64.89 64.06 64.125 3,424 18:53:30

Telecom Italia Open To Partner For La7 TV Channel

11/11/2011 3:53pm

Dow Jones News


Swisscom (PK) (USOTC:SCMWY)
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The head of Telecom Italia SpA (TIT.MI) said Friday he was open to having a partner help develop La7, the television channel run by Telecom Italia Media SpA (TIM.MI), a division of the telecommunications operator.

"TV is not an integral part of our core business. This doesn't mean that we plan to get rid of T. I. Media," Franco Bernabe told a news conference.

"I didn't say talks were underway. I said that it would be good to have a partnership," he added.

Telecom Italia had previously looked at selling Telecom Italia Media because of its poor performance.

-By Marco Fusi, MF-Dow Jones and Jennifer Clark, Dow Jones Newswires; +39 02 5821 9908; djitaly@dowjones.com

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