BT is offloading it's Italian business BT Italia.
https://www.telegraph.co.uk/business/20 ... alian-arm/
( Sorry, paywall but here's an overview)
The Global Services part of BT is reported as " struggling" and it mentions a " phased international retreat".
The sale is not expected to raise much (the value of BT Italia was previously written down to zero).
Vodafone is mentioned as a potential buyer (by Credit Suisse who are appointed to handle the sale).
The report also suggests sales of assets in Germany, Japan and possibly other areas ( Spanish and Latin America).
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BT says "addio"
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