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TI.A - Telecom Italia SpA News Story

$5.21 0.0  0.0%

Last Trade - 05/07/19

Large Cap
Market Cap £7.60bn
Enterprise Value £31.28bn
Revenue £13.57bn
Position in Universe th / 7157

Italy's watchdog says will not impose precautionary measures on TIM-DAZN deal

Wed 28th July, 2021 7:29am
MILAN, July 28 (Reuters) - Italy's competition watchdog said
on Wednesday it would not impose precautionary restrictions on a
deal between Telecom Italia  TLIT.MI  and sport streaming
service DAZN following companies proposals to allay the
regulator's concerns.
    The watchdog said changes in some clauses proposed by the
companies, including a pledge by TIM not to bundle its broadband
offer with TIM Vision pay-TV services, prevent irreparable
damages to competition from occurring.

 (Reporting by Elvira Pollina, editing by Maria Pia Quaglia)
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