Fitch confirms Telecom BBB rating with negative outlook

(AGI) Milan, Sept 8 - The international rating agency Fitchconfirmed Telecom Italia's long term rating as BBB, with anegative outlook. According to Fitch analysts: "The Telecomdomestic market, both mobile and land based, remains strong andrelatively stable, (...) but the competition is harsh in bothareas". They added that the signals suggesting a lessening ofthe price war were thought to be encouraging. . .

(AGI) Milan, Sept 8 - The international rating agency Fitchconfirmed Telecom Italia's long term rating as BBB, with anegative outlook. According to Fitch analysts: "The Telecomdomestic market, both mobile and land based, remains strong andrelatively stable, (...) but the competition is harsh in bothareas". They added that the signals suggesting a lessening ofthe price war were thought to be encouraging. . .