Top investor Vivendi (VIV.PA) doesn't see telecommunication
Italia's (TLIT.MI) debt level as standing within the approach of the Italian
phone group's investments or growth plans, in line with written comments by
Vivendi Chief govt Arnaud Delaware Puyfontaine.
De Puyfontaine appeared before the Italyn Senate earlier
this month to answer questions about his company's investments in
telecommunication Italia, within which it's engineered up a stake of twenty
one.4 % to become its prime capitalist.
The executive later submitted further written comments that
were printed on the Senate's web site on Friday.
Asked whether or not telecommunication Italia's internet
debt level of twenty seven billion euros was property or whether or not the
corporate required to be recapitalised, the French govt same Vivendi did
"not see the company's debt level as a drawback for its ability to
speculate and finance developments it needs to undertake".
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