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Mass media company Vivendi’s stake in Telecom Italia, just a strategic move

French multinational mass media company Vivendi’s stake in Telecom Italia is just a strategic move and the company has no plans to re-enter the telecom sector, according to sources from within the media company. Vivendi will own a 5.7 percent share of Telecom Italia and another minority stake in Telefonica Brasil. Vivendi is now focussed on pay-TV and music, after selling a series of assets over the past year.

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Vivendi,Telecom Italia,Telefonica Brasil

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