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General

Vivendi to appeal against TIM 'golden power' decree - report

Friday 5 January 2018 | 09:19 CET | News
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France's Vivendi is set to lodge an appeal before Italy's head of state against the government's decision to activate the so-called "golden power" rule of 2012 on Telecom Italia (TIM), reports Il Messaggero. On 16 October Italy's prime minister Paolo Gentiloni signed a decree requiring TIM to install state-backed directors and a special appointee to handle security matters and gave the operator a 90-day term to comply with a number of additional requirements. The move marks the first time the Italian government has activated special powers allowing it to intervene in strategically important

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