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General

Vivendi CEO confirms long-term commitment to Telecom Italia

Thursday 21 April 2016 | 15:06 CET | News
Vivendi CEO Arnaud de Puyfontaine has reiterated the French media group's commitment to Telecom Italia at Vivendi's annual shareholders' meeting. ""We are a long-term partner of Telecom Italia. I repeat: long-term. Our goal is to help the company realize its development projects, above all in broadband," said de Puyfontaine, according to Il Sole 24 Ore. Vivendi has built up a 24.9 percent stake in Telecom Italia and its CEO said the company is satisfied with the current level of its stake, saying it was his intention to help create a "formidable Telecom Italia". He added that Vivendi wanted

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