Telecom Italia may seek investors for its cloud and wholesale undersea cable businesses as it looks to extract value from its assets, Chief Executive Luigi Gubitosi said. Like other European rivals, Italy’s biggest phone group has been facing growth issues as the pandemic compounds the long-standing challenge of tougher competition on its home turf. Last week, it pushed back a goal to stabilise core profits this year, citing higher costs linked to the start up of the DAZN deal, while confirming the target of stabilising domestic revenue. Speaking to analysts after second quarter results, Gubitosi said TIM would press ahead…