Telecom Italia: Acquisition of Virgilio and Tin.it from Telecom Italia Media finalized

06/01/2005 - 05:00 PM

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Telecom Italia: Acquisition of Virgilio and Tin.it from Telecom Italia Media finalized

The transaction was approved on 4 April 2005 by the companies’ Boards of Directors

Following the approval by the Boards of Directors of Telecom Italia and Telecom Italia Media on 4 April 2004 and under the terms announced to the market on that date, the transfer to Telecom Italia of Telecom Italia Media’s internet activities (Virgilio and Tin.it) was finalized today.

Milan, 1 June 2005