Telecom Italia's (TI +8%) board will evaluate options for the carrier's mobile phone ops next...

|About: Telecom Italia S.P.A. (TI)|By:, SA News Editor

Telecom Italia's (TI +8%) board will evaluate options for the carrier's mobile phone ops next week, including M&A deals, two sources tell Bloomberg. A tie-up with Hutchinson Whampoa's Italian unit is named as a possibility - such a deal could diminish competitive pressures. Like many other European carriers, TI's mobile unit has been pressured by macro issues and declining voice/text revenue.