- Zacks
Zacks Industry Outlook Highlights Telefonica, Telenor and Vivendi
Telefonica, Telenor and Vivendi are part of the Zacks Industry Outlook article.
- Reuters
UPDATE 2-Telecom Italia boss on course for second term as Vivendi abstains
Telecom Italia (TIM) boss Pietro Labriola appeared set to secure a second term after leading investor Vivendi decided to abstain in a shareholder vote on the renewal of the former phone monopoly's board. With its 24% slate, Vivendi was the main hurdle to a reappointment of the current CEO, who wants to press ahead with a revamp centred on a planned sale of TIM's fixed-line access network to U.S. fund KKR. The French media group, a TIM investor since 2015, made clear its frustration with the way the company has been run and repeated its opposition to the KKR deal but stopped short of backing an alternative candidate for CEO.
- Zacks
3 Communication Stocks Poised to Soar Despite Industry Woes
The accelerated pace of 5G deployment and demand for scalable infrastructure should help the Zacks Diversified Communication Services industry thrive despite short-term woes. TEF, TELNY and VIVHY are well-positioned to make the most of the infrastructure upgrade for seamless connectivity.
