(Telecompaper) The chairman of Telecom Italia (TIM), Fulvio Conti, is preparing to step down to pave the way for a revamp of the group's governance, according to unnamed sources cited by Italian daily La Repubblica. The company's board has called a meeting to discuss the matter even though a replacement for Conti has yet to be identified, with current CEO Luigi Gubitosi likely to take over the chairman's powers on an interim basis.