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Tim’s board of directors “examined the difficult market context and the challenges facing the company in terms of strategy, corporate performance and organization” and “defined the path for preparing and sharing the 2022-2024 Strategic Plan to be approved in February “. The company communicates this, recalling “no negotiations are underway relating to the network or other strategic assets”. The extraordinary council, which lasted about six hours, was requested by five directors (two from Vivendi and three independent), for clarification on the announced reorganization.