Telecom Italia


Activist investor wants Vivendi off TIM board

US activist investor Elliott Management has formally submitted a request to Telecom Italia (TIM) to include a proposal to remove Vivendi-nominated members from the telco’s board when TIM shareholders meet on April 24. Elliott has called for six directors – TIM chairman Arnaud de Puyfontaine, Hervé Philippe, Frédéric Crépin, Giuseppe Recchi, Félicité Herzog and Anna […]

Vivendi-Mediaset rapprochement expected ‘within days’

Vivendi could strike a deal in the next few days to end its legal dispute with Mediaset and forge a new content partnership involving Telecom Italia, according to press reports. According to Agefi-Dow Jones, citing an unnamed source, a three-way agreement involving Mediaset, Telecom Italia and either Vivendi or Canal+ is on the cards. A […]

Canal+ formalises Telecom Italia JV

Canal+ has created its planned joint venture with Telecom Italia (TIM), focusing on the acquisition and production of movies and series that will enable Telecom Italia to develop a compelling pay TV offering for the Italian market. In addition to movies and series, the JV will also be tasked with acquiring sports rights. TIM will […]

Telecom Italia gets new CEO & okays Canal+ JV

Telecom Italia (TIM) has confirmed the widely anticipated appointment of Vivendi exec Amos Genish as its new CEO and approved the creation of a joint venture with Canal+. The joint venture will aim to create a new premium video service and content creation unit for the Italian market. According to TIM, the JV with Canal+ […]

Gov’t set to test Vivendi’s grip on Telecom Italia

Italian government officials are reportedly moving forwards with the process of determining whether Vivendi exercises a controlling influence over Telecom Italia (TIM). The moves represent a further ratcheting up of pressure on the French media group, which has resolutely rejected claims that it now “controls” TIM. According to Italian press reports, the government could determine […]

Mediaset-Telecom deal ‘desirable’ – Italy official

An agreement between Mediaset and Telecom Italia (TIM) to combine the former’s content with the latter’s distribution network and customer base is “desirable” provided Italy retains influence over development, according a leading government official. Interviewed by La Stampa newspaper, the country’s undersecretary of state for telecommunications, Antonello Giacomelli, said that “an industrial agreement” between the […]

Vivendi chief confirms Telecom Italia-Canal+ JV plan

Plans to create a pay TV joint venture between Canal+ and Telecom Italia (TIM) are set to be put forward before the TIM control and risk committee in August before being submitted to the board for approval, according to Vivendi CEO and Telecom Italia (TIM) executive chairman Arnaud de Puyfontaine. Speaking to analysts after TIM […]

Vivendi ‘set to launch’ Italian version of Canal+

Locked in an epic legal battle with its original preferred partner in the Italian market, Vivendi is set to launch a parallel TV initiative in partnership with Telecom Italia (TIM), according to French financial daily Les Echos. The report, which cites unnamed sources, claims Vivendi has decided to launch a premium channel, named Canale+, with […]

Vivendi to fight Italian setback

Vivendi has said it will take “any appropriate legal action” – including a possible complaint to the European Commission – after watchdogs ruled that it must divest a yet-to-be-specified part of its stake either in Mediaset or in Telecom Italia to conform to the country’s media concentration rules. Italian regulator AGCOM ruled yesterday that Vivendi […]

Mediaset ‘still open to right Vivendi deal’

Mediaset is still open to a deal with France-based Vivendi that “creates value”, but no proposal is currently on the table, according to Pier Silvio Berlusconi. Speaking to Italian journalists in London, where Mediaset presented its investment strategy up to 2020 this week, Berlusconi (pictured) said that the Italian media group had “not received any […]

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