ETM Elitel Telecom

RNS Number:3280K
Elitel Telecom S.p.A.
11 October 2006

11 October 2006


               Elitel Telecom S.p.A. ("Elitel" or the "Company")

                         Statement re Press Speculation


Elitel Telecom S.p.A., the independent Italian telecommunications group, notes
the recent comments regarding the possibility of an offer for the Company by
Tiscali S.p.A., the Italian listed telecom operator.  Elitel confirms that it
has not received any such proposal in relation to an offer for the Company.

The Board of Elitel notes that deregulation and restructuring of the Italian
telecom sector continues and, as already announced, Elitel has acquired three
companies in the current financial year and has undertaken a number of further
strategic investments and joint ventures.  Elitel's Board will continue to
explore all opportunities that may present themselves to maximize value for the
Company and its shareholders.


Enquiries

Elitel Telecom S.p.A                                             +39 02 441 0410
Federico d'Este (Chief Executive)
Nicolo Zanchi (Group Corporate Development Officer and 
Investor Relation)

Charles Stanley Securities                                   +44 (0)20 7149 6000
Russell Cook/Freddy Crossley

Buchanan Communications                                      +44 (0)20 7466 5000
Mark Edwards / Isabel Podda



                      This information is provided by RNS
            The company news service from the London Stock Exchange
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