Article: Future of TeleMonteCarlo in doubt.(after Pirelli takeover of Telecom Italia)(Brief Article)

Telecom Italia, Europe's fifth largest telecom group, has been taken over by tyre and cable manufacturer Pirelli in a bid backed by Benetton. The future of their TV broadcaster TeleMonteCarlo (TMC) is now in doubt. Telecom Italia (Italy; +39/06 3689 3308; www.telecomitalia.it) had successfully appealed through the courts to take over TMC, which was in financial difficulty ...

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