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Vivendi, Elliott set to clash in Telecom Italia board seat battle

ROZZANO, Italy (Reuters) – Telecom Italia’s (TIM) (TLIT.MI) top two investors will face off for the first time on Friday as they put their battle over board seats at the Italian phone group to a shareholder vote. Activist fund Elliott has built a stake of 9 pe... More »

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TIM’s board to discuss network options this week: source

FILE PHOTO: FILE PHOTO: Telecom Italia logo is seen at the headquarters in Milan, Italy, May 25, 2016. REUTERS/Stefano Rellandini/File Photo/File Photo MILAN (Reuters) – The board of Telecom Italia (TIM) will this week discuss options for its fixed-line networ... More »

Telecom Italia CEO exit raises prospect of Vivendi-led overhaul

MILAN/LONDON Telecom Italia Chief Executive Marco Patuano officially resigned on Monday, confirming reports at the weekend he was on his way out as top shareholder Vivendi tightens its grip on the Italian phone group. Telecom Italia’s shares rose 4 percent, ad... More »

Vivendi ups Telecom Italia stake to just below bid threshold

MILAN French media group Vivendi (VIV.PA) has raised its stake in Telecom Italia (TLIT.MI) to 24.9 percent, just below the 25 percent threshold that would force it to launch a takeover bid, according to a filing with U.S. market authorities. Vivendi previously... More »

Telecom Italia to resume talks with Metroweb over broadband deal

MILAN Telecom Italia said on Friday it would resume talks with the main shareholders of fiber optic company Metroweb over plans to build a broadband network in Italy. At stake in the negotiations is who will call the shots to implement the government’s 12-bill... More »

Telecom Italia agrees pay-TV content deal with Mediaset: sources

MILAN Italian phone group Telecom Italia has reached an agreement with Mediaset (MS.MI) to sell the broadcaster’s pay-TV content to its own clients, two sources with knowledge of the matter told Reuters. Confirming a report in Italian business daily Il Sole 24... More »