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The battle over Telecom Italia seems to have to come to an end, as shareholders were called to elect a new board. Telecom Italia’s directors resigned last March. Paul Singer, head of Elliott Management, an activist fund, was successful to get two thirds of the seats. He won the battle over the French conglomerate, Vivendi. Despite only have 9% of the shares, Elliott was able to impose its team over Vivendi that possesses 24% of Telecom Italia. By pointing out the way Vivendi failed shareholder’s interest in Telecom Italia, Singer was able to get a vote in which they had two options. They could either pick up a board composed of ten Italian business personalities selected by Elliott, or keep a team made of Vivendi’s CEO and its employees for the most part. After that loss, Vivendi stated that it would “take all measures necessary to preserve its value and…

Sprint and T-Mobile, two important mobile operators in America, have resumed discussions on a merger of their activities in the United States. In the world of telecoms, it seems that there are some things that never end. In the US, the prospect of a marriage between the mobile operators, T-Mobile and Sprint, regularly makes headlines. According to the Wall Street Journal, discussions have recently resumed between these two players, respectively number three and four of the market, behind the unstoppable tandem formed by the giants Verizon and AT&T. According to the business daily quoting sources familiar with the matter, the negotiations are “at a preliminary stage”. With all the failures of mergers that they faced in the past, we understand that the two boards are cautious … As a reminder, the two actors had once again attempted to join forces late last year. But they failed to reach an agreement, ending their…