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TIM to hold fresh talks over Canal Plus joint venture

Wednesday 17 January 2018 | 14:04 CET | News
Telecom Italia (TIM) has responded to requests from market regulator Consob by announcing fresh negotiations over a broadcasting joint venture with Vivendi's pay-TV unit Canal Plus. Following a meeting of the company's board of directors, TIM said it would immediately restart talks after receiving a letter from stock market regulator Consob and criticism from its auditors and independent directors in the wake of the content deal reached with Canal Plus in October. "Regulations governing related-party transactions of greater importance will now be applied to the project," said the company,

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Categories: Broadcast & Satellite
Companies: Canal Plus / Mediaset / Telecom Italia / TIM / Vivendi
Countries: Italy
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