Telecom Italia management shake-up fuels Vivendi's ambitions

MILAN/PARIS (Reuters) - France's Vivendi has tightened its grip on Telecom Italia by removing its CEO Flavio Cattaneo and paving the way for a joint venture between its own pay-TV Canal+ and the Italian group, in a boost to the French firm's ambitions to become a southern European media powerhouse.

from Reuters: Technology News http://ift.tt/2uxFSKv