Telecom Italia about 9Telecom

09/18/2000 - 00:00 PM

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Telecom Italia announces that its subsidiary 9Telecom, operating in the fixed telephony and the Internet, has today submitted to the Council for the French Financial Market (CMF) a Friendly Tender Offer to acquire 100% of Jet Multimedia. The offer price is Euro 83 per share, or a total value for Jet Multimedia of 887 million Euros.