Saturday, 24 June 2017

Vivendi keen for Telecom Italia to offload TIM Brasil

By Nick Wood, Total Telecom
Friday 19 June 15

French media conglomerate reportedly plans to increase stake in Italian incumbent.

Vivendi has already begun exerting its soon-to-be-acquired influence over Telecom Italia, with a report claiming the French media group is keen for the Italian incumbent to sell its Brazilian business. According to sources cited by Bloomberg on Thursday, Vivendi chairman Vincent Bollore wants Telecom Italia to consider disposing of TIM Brasil in the next two years…

Vivendi has already begun exerting its soon-to-be-acquired influence over Telecom Italia, with a report claiming the French media group is keen for the Italian incumbent to sell its Brazilian business. According to sources cited by Bloomberg on Thursday, Vivendi chairman Vincent Bollore wants Telecom Italia to consider disposing of TIM Brasil in the next two years…

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