Telecom Italia SpA, the country's biggest phone carrier, extended the maturity of 3 billion euros ($3.9 billion) of loans to 2018. The debt was provided by a group of 30 banks, according to a Milan-based spokesman for Telecom Italia, who asked not to be identified citing company policy. The deal, arranged by Royal Bank of Scotland Group Plc and Banca IMI SpA, attracted 4.1 billion euros of commitments from lenders, the person said.