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General

Vivendi's Italian ambition still intact - CEO

Wednesday 26 April 2017 | 10:23 CET | News
The chief executive of French media giant Vivendi has reiterated that its ambition in Italy remains "intact" in spite of the recent ruling by communications regulator Agcom that the group's stake-building in key Italian communication companies contravenes antitrust rules. "We are the top shareholder in Telecom Italia to bolster our presence in Italy," said Vivendi CEO Arnaud de Puyfontaine at the company's annual shareholders meeting in Paris, adding that its holding is a "long term position". He also referred to the company's near 30 percent stake in broadcaster Mediaset. "Our alliance did

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Categories: General
Companies: Agcom / Mediaset / Telecom Italia / Vivendi
Countries: France / Italy
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