BREAKING NEWS

BREAKING NEWS

Vivendi's role in Telecom Italia not discussed at Italy-France summit - minister

Now Reading:

Vivendi's role in Telecom Italia not discussed at Italy-France summit - minister

Text size Aa Aa

LYON, France (Reuters) – French media group Vivendi’s <VIV.PA> role in Italy’s telephone group Telecom Italia <TLIT.MI> was not discussed on Wednesday at a summit between the French and Italian governments, Italian Industry Minister Carlo Calenda told reporters. Rome is considering sanctioning Vivendi, saying the company built a controlling stake in Telecom Italia without informing the government, in contravention of state rules. Vivendi denies that its 24 percent holding has given it effective control. “I never even raised the issue,” Calenda told reporters on the sidelines of the summit. Calenda also said that any future talks about naval military shipbuilding would have to involve Italy’s Leonardo <LDOF.MI> and France’s Thales <TCFP.PA>.

(Reporting by Giselda Vagnoni, writing by Steve Scherer; Editing by Crispian Balmer)
euronews provides breaking news articles from reuters as a service to its readers, but does not edit the articles it publishes. Articles appear on euronews.com for a limited time.