AT&T and América Móvil made a preliminary offer to but a controlling stake of Telecom Italia owned by Pirelli.
The two companies have 30 days to propose a binding offer.
A political uproar in Italy is expected soon.
News and comments about the Italian telecommunications market
AT&T and América Móvil made a preliminary offer to but a controlling stake of Telecom Italia owned by Pirelli.
The two companies have 30 days to propose a binding offer.
A political uproar in Italy is expected soon.
AT&T abandoned its plan to buy a controlling stake of Telecom Italia