MILAN, March 25 (Reuters) - Telecom Italia's (TIM)

association of small investors, Asati, said on Monday

it would file a slate of candidates for the renewal of the board

of directors of the former phone monopoly.

The group represents thousands of small Telecom Italia's

investors with a combined stake of around 1%.

ASATI supports the general outline of TIM's business plan to

sell its domestic fixed-line access network as well as the sale

of submarine unit Sparkle to cut a debt, it said in the

statement.