Vivendi sees current Telecom Italia CEO as short term solution, sources say


FILE PHOTO: The logo of Vivendi is pictured at the main entrance of the entertainment-to-telecoms conglomerate headquarters in Paris, France, April 22, 2021. REUTERS/Gonzalo Fuentes/File Photo

MILAN (Reuters) -Telecom Italia's top investor Vivendi sees the current CEO of the former phone monopoly as a short-term solution given the company's problems, two sources close the French media giant said on Friday.

TIM Chief Executive Luigi Gubitosi survived a boardroom showdown on Thursday at a meeting sought by Vivendi following two profit warnings in three months, but the French group is still calling his role into question.

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