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General

'Managers always respond with their performance' - Patuano

Monday 7 March 2016 | 09:19 CET | News
Telecom Italia CEO Marco Patuano has insisted that top shareholder Vivendi has never sought the sale of the operator's Brazilian unit and that his business plan calls for focused investments in Italy and Brazil. Speaking to business daily Il Sole24Ore following reports that top shareholder Vivendi was interviewing candidates for his job, Patuano said "managers always respond with their performance and shareholders are always sovereign." A Telecom Italia spokesperson had earlier described the rumours that Vivendi was reviewing Patuano's position as "without foundation".

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Categories: General
Companies: Inwit / Telecom Argentina / Telecom Italia / Vivendi
Countries: Italy
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