Vivendi “surprised” by Niel’s TI move; long term plans unaffected
Vivendi said its long term plans for Telecom Italia (TI) remain unaffected by the news that tycoon Xavier Niel has now built up a position to own more than 15 per cent of the Italian incumbent.
Iliad’s Niel gambles in Monaco
A private investment vehicle controlled by Xavier Niel (pictured), CEO and founder of disruptive telecoms provider Iliad, has bought the 55 per cent stake held by Cable & Wireless Communications (CWC) in Monaco Telecom for €322 million.
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