Saturday, 22 July 2017

Vivendi ups Telecom Italia stake

By Nick Wood, Total Telecom
Thursday 25 June 15

French media group firmly back in telecoms after becoming Italian incumbent's biggest single shareholder.

As expected, Vivendi has increased its stake in Telecom Italia to 14.9%, replacing Telefonica as the Italian incumbent's biggest single shareholder. The French media group agreed to acquire a 12% stake in Telefonica Brasil as part of the sale of its Brazilian broadband arm GVT…

As expected, Vivendi has increased its stake in Telecom Italia to 14.9%, replacing Telefonica as the Italian incumbent's biggest single shareholder. The French media group agreed to acquire a 12% stake in Telefonica Brasil as part of the sale of its Brazilian broadband arm GVT…

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