By Stefano Rebaudo and Alberto Sisto MILAN (Reuters) - Telecom Italia is mulling spinning off its mobile unit along with its fixed-line network to bring new investors on board, three people, including a senior political source, told Reuters on Tuesday. "The three-way split would allow the company to reduce debt and staff costs and favor the entry of new investors," the political source said. "It is a strategy that will allow the company to confront the market in the future more freely."

British telecoms company BT on Friday posted rising annual profits, boosted by cost cutting and keen demand for Internet services, and flagged a rise in the dividend. The news, published the day after BT announced a major deal to offer English Premier League football matches free to anyone paying for broadband and line rental, sent its share price rocketing to the top of the London stock market. Pre-tax profits climbed two percent to £2.50 billion ($2.96 billion, 2.9 billion euros) in the group's financial year to the end of March, BT said in a results statement.

MILAN (Reuters) - Shareholders representing less than half of Telecom Italia's <TLIT.MI> capital showed up to their annual meeting on Wednesday, a possible sign that discontent over its management is not deep enough to spark a shareholder revolt. But the board of the debt-laden former monopoly was expected to face protests from investors uneasy over its performance and strategy.

By Fatos Bytyci PRISTINA (Reuters) - An international consortium offered 227 million euros (193 million pounds) for control of Kosovo's state telecoms firm PTK on Friday, in the government's second attempt to sell the country's most profitable company. The consortium comprises Germany's ACP Axos Capital Gmbh and U.S.-based investor Najafi Companies in partnership with the UK's BT Group, an official at the government's privatisation unit said.