TEHRAN, June 12 -An accord Telecom Italia signed with trade unions Monday night will achieve savings equivalent to 4,500 layoffs through so-called ‘solidarity’ measures, a source familiar with the matter said on Tuesday.
TEHRAN, March 15 -Telecom Italia ’s main shareholder, French media group Vivendi (VIV.PA), has declared itself ready to support an alternative strategy to boost the Italia n firm’s short-term share price, as activist investor Elliott Advisors pushes for a shakeup.