Telecom: Vivendi in assembly alone against all but the check. Niel was warned – Rai News

Vivendi at the meeting, one against all blocked the conversion of savings shares, which the French took place at a value not adequate, and has brought in its first three lines in the board of directors that occupy respectively the roles of chief executive officer, chief operating officer and chief financial

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Milan 15 December 2015 The shareholders of Vivendi Telecom has seen alone against all but your ideas are clear, much as bring it to win on all fronts. It blocked the conversion of savings shares, which the French took place at a value not adequate, and did get his first three lines in board of directors who occupy respectively the roles of chief executive officer, chief operating officer and chief financial officer. The assembly of Telecom has however rejected the request for Vivendi to release its 4 representatives from the non-competition clause. Now you have to wait to see what they decide to do Arnaud De Puyfontaine, Stephane Roussel and Hervé Philippe who all three executive positions at Vivendi.

Xavier Niel, the French entrepreneur who has put together a package of 15%, for now only potential, it has warned. The French media giant has focused more than 3 billion euro on Italy, has big plans in mind on which is open to cooperate but not to come to terms.

The CEO Arnaud De Puyfontaine is willing to put his face: attending the meeting and speak in Italian. “We believe in the potential of the Telecom, we’ve decided to invest and grow as shareholders ” explains but does not fail to ‘flex their muscles’ and points out that his group has 29 billion market capitalization and 9 billion of cash flow from investing. from here you should start to think and to imagine the scenario which is now opening up that has set foot in the ‘control room’.

So what was a finite participation in the portfolio almost by accident, when the ‘goal was the transaction with Telefonica to conclude the sale of the Brazilian Gvt, proved to be an opportunity and now could become the gateway to southern Europe. A common thread unites France, Italy and Spain (with the’ interweaving with Telefonica) and forms the plot of the convergence of media and telecommunications.

“We want to lay the foundations for strengthening Vivendi in Europe. And ‘this is our goal, “it makes it clear De Puyfontaine. Vivendi is still small in comparison to American giants but his ambitions appear great.