UPDATE 2-Debt target points Telecom Italia toward asset sales, cost cuts

Reuters

Sees net debt cut by 2 bln euro to 27.5 bln by yr-end. * Eyes on possible network spin-off, sale of media arm. * Nine-month EBITDA falls 3 percent, matching expectations. * Says cash flow more than enough to meet div, tax needs. * Shares up 3.2 percent ...