0
General

Rome court annuls TIM's EUR 74 mln fine over Vivendi control

Tuesday 15 December 2020 | 09:22 CET | News
Italy's Council of State, the country's top administrative court, has annulled a EUR 74.3 million fine imposed on Telecom Italia (TIM) for flouting golden power rules, reports Reuters. TIM was handed the fine by market regulator Consob back in 2017 for failing to notify the prime minister's office that French media group Vivendi, its top shareholder, had taken over de facto control of what the government viewed as a strategic national asset. The fine was subsequently suspended while the court looked into the matter.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: Telecom Italia / TIM / Vivendi
Countries: Italy
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Independent director Ferrari resigns from TIM board

Published 23 Feb 2021 10:01 CET | Italy
Telecom Italia (TIM) confirmed that independent director Massimo Ferrari has resigned from the company's board of directors, ...

Vivendi appeals Agcom probe into telecom and media assets - report

Published 08 Feb 2021 10:35 CET | Italy
France's Vivendi has lodged an appeal against a probe launched by Italy's communications regulator Agcom into its stakes in ...

TIM board to submit list of directors with Gubitosi as CEO - report

Published 20 Jan 2021 16:52 CET | Italy
Telecom Italia (TIM) has start working on a plan that could keep current CEO Luigi Gubitosi in his position when a new board of ...

Italy probing market manipulation by Vivendi in Mediaset Premium case

Published 14 Dec 2020 08:59 CET | Italy
Italian prosecutors are conducting an investigation into Vivendi's Vincent Bollore and Arnaud De Puyfontaine for alleged market ...

Italian govt seeking Vivendi support on single network plan - report

Published 26 Nov 2020 15:17 CET | Italy
The Italian government has approached Vivendi to seek the French company's support for its plan to create a national broadband ...

Vivendi ready to file EU complaint against Italian draft media law

Published 19 Nov 2020 09:58 CET | Italy
French media giant Vivendi is prepared to file a formal complaint with the European Commission if the Italian government enacts a ...

Italy to probe Vivendi influence on Mediaset and TIM - report

Published 09 Nov 2020 13:50 CET | Italy
The Italian government has drawn up legislation that paves the way for an investigation into the role played by French media ...

Rome court upholds suspension of TIM's EUR 74 mln fine over Vivendi control

Published 05 Jul 2018 13:57 CET | Italy
An administrative court in Rome has upheld the decision to suspend a EUR 74.3 million fine imposed on Telecom Italia (TIM) for ...

Elliott list secures two-thirds of Telecom Italia's board

Published 04 May 2018 15:01 CET | Italy
A list of 10 candidates presented by activist fund Elliott Management has secured two-thirds of Telecom Italia's board seats ...

Industry minister wants probe into Vivendi's TIM control

Published 03 Aug 2017 09:04 CET | Italy
The Italian government has announced that industry minister Carlo Calenda has requested clarification as to whether French media ...





Calendar   /   Industry Events

26 Feb Deutsche Telekom Q4 2020
26 Feb Tecnotree Q4 2020
26 Feb Proximus Q4 2020
26 Feb OTE Q4 2020 2020
26 Feb HTHK FY results
26 Feb Megacable Q4
01 Mar Inseego Q4
01 Mar Ooma Q4
01 Mar Liberty LatAm Q4 results
01 Mar Switch Q4 2020
01 Mar Boingo Q4
01 Mar Zoom Video Communications Q4
01 Mar TIM Brasil investors day
01 Mar Embedded World Digital
02 Mar FuboTV Q4 2020
02 Mar HPE fiscal Q1
03 Mar Marvell Technology fiscal Q4
03 Mar Vivendi Q4 2020
03 Mar Avast FY results
04 Mar Inwit Q4 2020
04 Mar Broadcom fiscal Q1
04 Mar MTS Q4 2020
04 Mar Ciena fiscal Q1
05 Mar Vonage Investor Day
::: More Calendar Items