But a senior Football Association source told BBC Sport: "We are not in a hurry. We will meet the squad next month, before the game against Egypt.
"Then we'll have the chance to observe the players and dynamic between them."
Capello has been monitoring the fall-out from the Terry affair from his holiday home in Switzerland, where he is recovering from knee surgery.
The Italian returns to England on Thursday and will have detailed discussions about Terry with his trusted lieutenant, Franco Baldini.
Capello is then likely to leave Baldini, England's general manager, to sit down with Terry and get his side of the story.
Journalists will have their first opportunity to grill Capello about Terry's captaincy at the Euro 2012 draw in Warsaw, Poland, on Sunday, which the England manager will attend as a representative of the FA.
The England squad then get together on 28 February to prepare for the friendly against African Cup of Nations champions Egypt at Wembley on 3 March.
Manchester City defender Bridge - a former Chelsea team-mate of Terry's - might not be involved, because he has been out of action with a knee injury.
Meanwhile, sports minister Gerry Sutcliffe says he wants talks with the FA over the suitability of Terry as England captain.
"If these allegations are proven, it calls into question his role as England captain," Sutcliffe said.
Despite ongoing newspaper revelations about Terry's private life, the 29-year-old has been assured by Chelsea boss Carlo Ancelotti that he will remain club captain.
However, there are are increasing concerns over Terry being skipper of the national team with England little more than four months away from starting their World Cup campaign against the United States on 13 June.
And although the FA has so far declined to comment on the situation, Sutcliffe said he will be meeting with the governing body to request an explanation.
"On the field John Terry is a fantastic player and a good England captain, but to be the captain of England you have got to have wider responsibilities for the country," Sutcliffe insisted.
Its a simple decision for the FA. If it's true then he should be immediately stood down as captain oldblueboy53 "I speak to the FA on a regular basis, so I will be asking what their viewpoint is and we will see what comes of it."
Terry is set go to the World Cup in South Africa as captain, while Bridge, who has not played since December because of injury, is also likely to be selected in Capello's squad as understudy to another former Chelsea team-mate, Ashley Cole.
Terry captaincy in doubt - Lawrenson
Terry won a gagging order last week preventing the public learning about an alleged affair, but the injunction was lifted by the High Court on Friday.
National newspapers named the father-of-two, who is married to Toni Poole, in their Saturday editions as having a relationship with Vanessa Perroncel.
And there were further revelations about the alleged affair in Sunday's national newspapers.
Manchester City players Carlos Tevez, Nigel de Jong and Stephen Ireland wore T-shirts with the words "Team Bridge" in support of their team-mate during their 2-0 win over Portsmouth on Sunday.
Former England captain Alan Shearer described Terry as a "fantastic leader" and said: "We do not know all the facts, so it would be wrong to suggest anything. What I do know is that John Terry is a fantastic leader and a very good footballer.
"I do not know him as a person - I have just played against him. Only John Terry and Fabio Capello will be able to tell in the coming weeks if it (the allegations) affects the captaincy."