TIM and CDP strike deal to combine operator’s fixed network assets with Open Fiber

Telecom Italia (TIM) has agreed a deal with Italian state investor CDP to combine its fixed network assets with Open Fiber. The tie-up aims to create an ultra-fast broadband network across Italy, a country that has historically been plagued by coverage issues in mountainous and rural areas.  The preliminary agreement between TIM and CDP also […]

Vivendi secures Genish confirmation ahead of TIM battle

Vivendi scored a partial victory at the first of Telecom Italia’s (TIM) two shareholders’ meetings that will decide the destiny of the operator, which confirmed the appointment of Amos Genish as TIM’s CEO. The ordinary shareholders’ meeting also approved the company’s 2017 financial statements and the distribution of a dividend of 2.75 cents a share […]

Vivendi submits slate ahead of Telecom Italia board battle

Vivendi has submitted its slate of candidates for the board of Telecom Italia (TIM) as it prepares to do battle with a hostile coalition of investors led by US hedge fund Elliott and Italian state-backed investment outfit Cassa Depositi e Prestiti (CDP). Vivendi’s list of candidates is headed by current CEO Amos Genish and also […]