Telecom Italia

Vincent Bolloré hands Vivendi reins over to his son

Vincent Bolloré is stepping down as Vivendi chairman and handing over the reins to his son Yannick. Vivendi’s supervisory board unanimously voted Yannick Bolloré as the new group chairman following the company’s shareholder meeting. Vincent Bolloré, who is 67, had earlier stepped down as Canal+ Group chairman in favour of Jean-Christophe Thiery, triggering a senior […]

Elliott on the offensive again in Telecom Italia battle with Vivendi

‘Activist investor’ Elliott Advisors has issued a rebuttal of Telecom Italia’s (TIM) rejection of its plan to break up the company and “unlock significant value” as the hedge fund and TIM’s largest shareholder Vivendi battle for control of the Italian telco’s board. Elliott’s latest move follows TIM’s presentation to investors this week, in which it […]

Telecom Italia counters Elliott plan with new presentation

Telecom Italia (TIM) has rejected ‘activist investor’ Elliott Management’s plans to break up the company in a presentation to investors. The move followed the TIM board’s publication of its industrial plan in March and hedge fund Elliott’s publication of a counter-plan in April. While Elliott said it supported TIM CEO Amos Genish’s business plan, it […]

TIM opens new movies window with Vision Distribution deal

Telecom Italia-owned television service TIMVision has struck a deal with independent producers group Vision Distribution to secure the right to air Italian movies four months after their release. Under the terms of the deal, TIMVision will also participate in co-production of new films together with other players in the market, and possibly in distribution of […]

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 […]

Telecom Italia: plot thickens ahead of crucial vote

Italian investment group Cassa Depositi e Prestiti (CDP) is preparing to take a stake in Telecom Italia (TIM) of up to 5%, according to local reports. The move is likely to further complicate Vivendi’s attempts to retain its existing influence over the strategic direction of the telecom operator in the face of an attempt by […]

Mediaset combines pay TV activity with Sky in wide-ranging deal

Mediaset has struck a wide-ranging pay TV deal with Sky that puts a likely end to long-running speculation about a rapprochement with Vivendi. The deal announced at the end of last week will see Sky make nine cinema and TV series channels from Mediaset Premium available to its satellite customers at no additional charge, along […]

Vivendi buys time in TIM battle with mass board resignation

Vivendi has bought itself time to regroup and persuade Telecom Italia (TIM) shareholders to support its strategic plan for the telco by having its representatives on the TIM board resign on mass, triggering a re-election process and delaying a vote on the make-up of the board to May 4. The move came in reaction to […]

Telecom Italia goes live with first homegrown TV shows

Telecom Italia’s on-demand video service TIMVision has started airing its first film and TV productions after signing agreements with production outfits Wildside, Lucky Red, Cross Productions, Oplon Film and Bibi Film. The first title to be aired from today is SKAM Italia, an Italian version of the cult Norwegian teen drama first aired by NRK, […]

Telecom Italia names new CCO

Telecom Italia (TIM) has named Pietro Scott Jovane as chief commercial officer. Jovane, who holds US, UK and Italian citizenship, will join TIM in mid-April, and will report to CEO Amos Genish. He previously worked as group controller for Seat Pagine Gialle, CEO of Microsoft Italia, CEO of publishing outfit RCS Mediagroup and, more recently, […]

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