TI Telecom Italia S.P.A. New

   By Donato Paolo Mancini 
 

Telecom Italia SpA's (TIT.MI) board of directors has met to analyze opportunities for investment and divestments, the company said late on Monday, as it adjusts to a new organizational structure without a chief commercial officer.

The meeting follows deliberations made in July when the company released first-half results.

Any divestments of non-core assets or acquisitions will be subject to further discussion, the company said.

The board also updated the group's corporate governance rules, including self-discipline principles and a new set of regulations for the board itself, it said.

Telecom said the board acknowledged the company's new organizational structure after the abolition of the chief commercial officer role and has designated two key manager roles.

Lorenzo Forina is now director of the chief business and top clients office, and Stefano Azzi is director of the chief consumer and small enterprise office.

Write to Donato Paolo Mancini at donatopaolo.mancini@dowjones.com; @donatopmancini

(END) Dow Jones Newswires

September 25, 2018 01:41 ET (05:41 GMT)

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