|Bid||0.791 x 9100000|
|Ask||0.799 x 3000000|
|Day's Range||0.789 - 0.804|
|52 Week Range||0.667 - 0.916|
|PE Ratio (TTM)||12.42|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
Italy is set to fine Vivendi for failing to notify the government of its effective control of Telecom Italia (TIM) with a penalty of less than 300 million euros ($359 million), a source close to the matter said on Friday. Government officials are due to meet on Monday to discuss whether to sanction the French media group on the grounds that it had failed to meet its legal obligations and inform the prime minister's office that it had gained de facto control over TIM. The source said the government will contest Vivendi's failure to notify, "but the fine will be below 300 million euros.
Telecom Italia's shareholders have felt the pointy end of the market's boot for years. Its share price has done nothing for five years, worse than its regional peers. Over that period, Telecom Italia has ...
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