TIM board to discuss extension of network deal talks with CDP on Friday - sources

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Telecom Italia (TIM) will discuss a request from state lender CDP and its partners to extend a deadline to clinch a deal over the Italian phone group's network at a special board meeting on Oct. 28, two sources close to the matter said. Initially scheduled for Oct. 26, Telecom Italia's board of directors has been postponed to Friday, the sources said. One of the people said TIM CEO Pietro Labriola asked for more time to assess certain aspects of the potential deal before the meeting.
 
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