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Vivendi SA (VIV.PA)

VIV.PA on Paris Stock Exchange

21.97EUR
18 Jan 2019
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Latest Key Developments (Source: Significant Developments)

TIM issued prel. results because considered them relevant-spokesman
Friday, 18 Jan 2019 

Jan 18 (Reuters) - Telecom Italia spokesman says::TELECOM ITALIA ISSUED PRELIMINARY RESULTS BECAUSE CONSIDERED THEM RELEVANT TO THE MARKET.RESPONDING TO VIVENDI, SAYS FY RESULTS ISSUED ARE OUTCOME OF STRATEGY PLAN PUT IN PLACE BY FORMER CEO BACKED BY VIVENDI.  Full Article

Telecom Italia Says Board Discussed Preliminary 2019 Budget
Thursday, 17 Jan 2019 

Jan 17 (Reuters) - Telecom Italia ::TIM PRESENTS THE FY 2018 PRELIMINARY RESULTS AND 2019 PRELIMINARY BUDGET .ORGANIC EBITDA FOR 2018 OF DOMESTIC BUSINESS UNIT IS EXPECTED TO BE LOWER (MID-SINGLE DIGIT) COMPARED TO PREVIOUS YEAR.FY 2018 ADJUSTED CONSOLIDATED NET FINANCIAL DEBT IS EXPECTED TO BE ABOUT 25.2 BILLION EURO, AFTER PAYMENT OF 513 MILLION EUROS FOR LICENCES.OPERATIONAL FIGURES HAVE NOT YET BEEN CHECKED BY EXTERNAL AUDITOR.SUPPORTED BY IMPROVED BRAZIL UNIT PERFORMACE, OVERALL CONSOLIDATED ORGANIC FIGURE FOR 2018 IS EXPECTED TO BE ABOUT 8.1 BILLION EURO.BOARD OF DIRECTORS DISCUSSED PRELIMINARY 2019 BUDGET.INITIAL OUTLOOK OF DOMESTIC BUSINESS UNIT SHOWS OPERATING PERFORMANCE THAT REFLECTS COMPETITIVE DYNAMICS THAT IMPACTED 2018.OUTLOOK OF DOMESTIC BUSINESS UNIT SHOWS OPERATING PERFORMANCE REFLECTS COMPETITIVE DYNAMICS EXPECTED TO INFLUENCE 2019, ESPECIALLY FIRST SEMESTER.  Full Article

Fininvest increases stake in Italy's Mediaset to 43.73 pct
Wednesday, 16 Jan 2019 

Jan 16 (Reuters) - Italian private broadcaster Mediaset::FININVEST BOUGHT A FURTHER 2.55 PERCENT IN MEDIASET IN SEVERAL TRANSACTIONS IN DECEMBER - FILING.FININVEST STAKE IN MEDIASET RISES TO 43.73 PERCENT.  Full Article

Italian govt does not want to raise Telecom Italia's stake-Deputy PM
Monday, 17 Dec 2018 

Dec 17 (Reuters) - Italian Deputy Prime Minister Luigi Di Maio says::GOVERNMENT HAS NO INTENTION TO INCREASE STAKE IN TELECOM ITALIA.  Full Article

Moody's says Telecom Italia CEO change raises questions
Tuesday, 20 Nov 2018 

Nov 20 (Reuters) - Rating agency Moody's says in report::TELECOM ITALIA CHANGING ITS CEO RAISES QUESTIONS AROUND MANAGEMENT CONTINUITY, CORPORATE GOVERNANCE AND THE EXECUTION OF LONG TERM STRATEGIC PLAN.CONCERNED ABOUT FRICTIONS CREATED IN TELECOM ITALIA'S BOARD, POSSIBLE VIVENDI REACTION.DOES NOT EXPECT DIVIDEND DISTRIBUTION FOR TELECOM ITALIA COMMON SHARES TO BE REINSTATED UNTIL GROUP ACHIEVES ITS DELEVERAGING PLAN.SEPARATION OF NETWORK IS LONG PROCESS WITH HIGH EXECUTION RISK FOR TELECOM ITALIA.THE PUBLICATION DOES NOT ANNOUNCE A CREDIT RATING ACTION.  Full Article

TIM Says Write-Downs At End-Sept Are Attributable To Measures Implemented By Amos Genish
Tuesday, 13 Nov 2018 

Nov 13 (Reuters) - Telecom Italia ::SAYS WRITE-DOWNS AT END-SEPT ARE NOT ATTRIBUTABLE TO CO'S DISORGANISATION OR TO FAILURES IN NEW GOVERNANCE BUT TO MEASURES IMPLEMENTED BY AMOS GENISH.SAYS IT "WARNS SHAREHOLDER VIVENDI, WANSQUARE AND YES DE KERDREL TO CEASE MAKING FURTHER FALSE AND MISLEADING ANNOUNCEMENTS".SAYS IT RESERVES THE RIGHT TO TAKE FURTHER ACTION IF NECESSARY.  Full Article

Telecom Italia CEO Amos Genish To Leave
Tuesday, 13 Nov 2018 

Nov 13 (Reuters) - Telecom Italia ::CEO AMOS GENISH TO LEAVE.NEW MEETING OF BOARD OF DIRECTORS WAS CONVENED FOR NOVEMBER 18, 2018 IN ORDER TO APPOINT A NEW CHIEF EXECUTIVE OFFICER.  Full Article

Vivendi fully supports TIM CEO and his business plan - spox
Sunday, 11 Nov 2018 

Nov 11 (Reuters) - A spokesman for France's Vivendi says::VIVENDI FULLY SUPPORTS TELECOM ITALIA CEO AMOS GENISH AND HIS BUSINESS PLAN .ELLIOTT IS TRYING TO SHIFT BLAME ON TELECOM ITALIA CEO AMOS GENISH FOR ITS OWN "UNFULFILLED PROMISES" AT ITALIAN PHONE GROUP.ASKED WHETHER VIVENDI WOULD CALL AN AGM AT TELECOM ITALIA TO PUSH FOR BOARD RESHUFFLE, REITERATES FRENCH GROUP WOULD DO "ANYTHING TO PROTECT ITS INTERESTS"..  Full Article

Telecom Italia CEO says Wind Tre towers not complementary to group footprint
Friday, 9 Nov 2018 

Nov 9 (Reuters) - Telecom Italia CEO says::ACQUISITION OF TOWERS OF WIND TRE WOULD NOT BE COMPLEMENTARY TO GROUP'S FOOTPRINT.  Full Article

Telecom Italia CEO says group is "very long" on Brazil
Friday, 9 Nov 2018 

Nov 9 (Reuters) - Telecom Italia CEO says::WOULD BE HAPPY WITH M&A IN BRAZIL TO COMPLEMENT ITS BUSINESS THERE, "WE ARE VERY LONG ON BRAZIL".COMPLEMENTARY SPECTRUM M&A IN BRAZIL IS KEY, FIXED INFRASTRUCTURE ALSO IMPORTANT BUT NO MAJOR TARGET THERE YET.BELIEVES COMPANY SHOULD CONTINUE PAST PRACTICES OF PAYING DIVIDEND ON SAVINGS SHARES BUT FINAL DECISION UP TO BOARD.AIMS FOR 5G LAUNCH IN SOME KEY CITIES IN Q3 2019.PLANS FOR LEGAL SEPARATION OF FIXED-LINE NETWORK MORE RELEVANT THAN EVER BUT PROJECT HAS BEEN SLOWED DOWN.  Full Article

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Italy regulator gives TIM's network separation plan thumbs down

ROME Telecom Italia (TIM) has suffered a setback in its plan to assuage pressures for a separation of its prized network assets by placing them into a wholly owned subsidiary, as the industry regulator said it was opposed to the proposal.