-- Telecom Italia's Chairman Fulvio Conti is planning to step down, Bloomberg reports Thursday, citing people familiar with the matter.

--The Italian telecoms operator appointed Mr. Conti as chairman last year, as part of a board reshuffle pushed by U.S. investor Elliott Management Corp. in a battle for influence with Vivendi, a Telecom Italia shareholder.

--Telecom Italia could discuss Conti's resignation at a board meeting scheduled on Sep. 26, Bloomberg says.

 

Full story: https://bloom.bg/2kJ1va6

 

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(END) Dow Jones Newswires

September 12, 2019 10:43 ET (14:43 GMT)

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