ROME, Sept 26 (Reuters) - Italian phone group Telecom Italia is not up for sale but whoever brings in cash is welcome, a board member of the Italian phone company said on Friday.
“The truth is that Telecom Italia is a great company and everybody likes it. Whoever brings in money is welcome but it is not up for sale,” Tarak Ben Ammar told reporters as he left a board meeting that has been overshadowed by signs of interest from foreign bidders.
Asked about reports that U.S. businessman Sol Trujullo is seeking ufunds to bid for a stake in Telecom Italia, Ben Ammar said: “We don’t know him and he never contacted us”.
“That is a proposal that probably comes from Disneyland in the sense that we don’t know anything about it,” he added.
Reporting by Alberto Sisto