Monday, 23 April 2018

Xavier Niel spent €225m on 'strategic' Telecom Italia stake

By Mary Lennighan, Total Telecom
Thursday 10 December 15

French businessman indicates he will monitor Italian telco's management, strategy, and business development.

Xavier Niel spent €225.31 million building up his stake in Telecom Italia, according to a new SEC filing that indicates the French businessman could seek to exert some influence over the Italian incumbent's strategy. A series of Consob filings in recent weeks showed Niel has built up a long optional position on 15…

Xavier Niel spent €225.31 million building up his stake in Telecom Italia, according to a new SEC filing that indicates the French businessman could seek to exert some influence over the Italian incumbent's strategy. A series of Consob filings in recent weeks showed Niel has built up a long optional position on 15…

TT PREMIUM CONTENT

If you are a subscriber login here


To access premium content you need to upgrade your account. To find out more click here

Since you're here...

...the Telecoms industry is characterised by constant change and evolution. That's why it's crucial for telecoms professionals to keep up-to-date with what is happening. Join 35,000+ of your peers and sign up to our free newsletter service today, to be in the know about what is going on. PLUS, as a member you can submit your own press releases!

See all membership options

Please enable JavaScript to view the comments powered by Disqus.

Newsletter signup

Quickly get on board and up to date with the telecoms industry