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General

Telecom Italia debt no hindrance to growth - Vivendi

Monday 1 February 2016 | 08:36 CET | News
Telecom Italia's debt level doesn't pose an obstacle to the operator's future growth or investment plans, according to written statements submitted to the Italian Senate by Arnaud de Puyfontaine, CEO of leading shareholder Vivendi. "The company's debt level isn't a disadvantage for its ability to invest and finance developments it wants to undertake," said de Puyfontaine in comments published on the Senate's website. The executive was responding to questions as to whether Telecom Italia's EUR 27 billion debt was sustainable. He also revealed that Vivendi's total investment in the Italian

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