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Telecom Italia: Seat Pg-Tin.It integration carried out in full accordance with the law

07/05/2001 - 12:00 PM

With respect to the further reports carried by press agencies today of investigations initiated by the District Attorney´s office in Turin into the Seat-Tin.it integration, Telecom Italia stresses once again that the operation was carried out by the Group´s directors and executives in full compliance with the law, in conditions of the utmost transparency, and in complete accordance with the principles of corporate governance.

The integration of Tin.it in Seat Pagine Gialle, one of the most innovative and important projects of industrial development ever carried out in the Internet sector, has produced a major international operator in the area of the new economy and new media.

While reiterating its readiness to provide any further clarification that may be required as regards the operation, the Telecom Group states that none of its directors or executives has received judicial notification of any such investigation.