© Reuters. FILE PHOTO: The Tim emblem is seen at its headquarters in Rome, Italy November 22, 2021. REUTERS/Yara Nardi/File Photograph
MILAN (Reuters) – Telecom Italia (BIT:)’s (TIM) main investor Vivendi (OTC:) is going through a rival candidate within the race to fill a vacant seat on the previous telephone monopoly’s board, two sources briefed on the matter stated.
French media group Vivendi, which owns a 24% stake in TIM, is sponsoring Luciano Carta, a former chairman at Italian defence group Leonardo, for the place.
However the nomination committee has now additionally acquired a proposal for Alessandro Pansa, a former head of Italy’s state police who at present chairs Telecom Italia’s submarine cable unit Sparkle, to get the job, the sources stated.
It was not instantly clear who’s sponsoring Pansa.
Vivendi is at present at loggerheads with TIM chief government Pietro Labriola over his plans to promote the group’s landline grid.
TIM’s board is scheduled to satisfy at 1530 GMT to debate the appointment.
