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Vivendi ‘appeals against Italian regulator’s probe into Mediaset, Telecom Italia stakes’

Regulator could impose curbs on Vivendi’s interests in Italy’s media and telecom sectors

Vivendi has reportedly appealed against an inquiry by the Italian regulator (AGCOM) into the company’s stakes in both Mediaset and Telecom Italia.

According to Reuters, Vivendi has filed a request to an Italian administrative court in order to annul the probe. No date for a hearing has been set.

It was revealed in December that AGCOM planned to look at Vivendi’s role as TIM’s biggest shareholder with a 23.9 per cent stake, as well as its 28.8 per cent stake in Mediaset.

AGCOM could look to impose curbs on Vivendi’s interests in the country’s media and telecom sectors, potentially helping Mediaset in its battle against the French media giant.

The investigation by AGCOM is expected to last for four months.