https://www.businesswire.com/news/home/20190114005548/en/

MILAN & LONDON--(BUSINESS WIRE)--Jan 14, 2019--Elliott Advisors (UK) Limited, advises funds (together “Elliott”) that collectively are one of the largest shareholders in Telecom Italia (the “Company”, “TIM”). Elliott notes today’s decision by TIM’s Board to grant Vivendi S.A.’s (“Vivendi”) request for a vote upon the revocation of five Directors at the Company’s Annual General Meeting (“AGM”), to be held on 29 March 2019.

Vivendi’s request represents its latest effort to take back control of TIM and run the Company for its own benefit. Should Vivendi continue to pursue these efforts, Elliott is confident that it will not succeed.