Telecom Italia Left Guessing After Bolloré Moves

or the best part of a year, French industrialist Vincent Bolloré and his Vivendi group have spent a lot of time focused on Telecom Italia, ramping up their stake in the group and leaving its executives fearful as to when they would push for changes at the company. That moment came this week as Mr Bolloré and Vivendi, the Paris-based media and content group, ousted Marco Patuano , Telecom Italia’s chief executive. The move has injected renewed urgency into a question that has long spooked not only the close-knit world of Italian business but even the government itself: what is Mr Bolloré up to? (The Financial Times)


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