Telecom Italia Media: addition to the press release on the Meeting of the Board of Directors held on 7 February 2013

02/08/2013 - 11:45 AM

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Further to the previous press release, Telecom Italia Media’s Board of Directors, which met yesterday chaired by Severino Salvemini, also examined the results of the recent programming revision and cost optimisation plan and approved an action plan aimed at consolidating further efficiencies.

The Board of Directors was then presented with an update on the work of the Board Committee, which explained the latest information about the sale offerings, with the assistance of legal and financial advisors.

The Board of Directors resolved to postpone the topic of the sale process to a subsequent meeting to be called consistently with the meeting of Telecom Italia's Board of Directors.

Milan, 8 February 2013