Vivendi's CEO said he is not aware of any approaches or discussions with Iliad for participation in Telecom Italia.

"Vivendi's one and only intention is to take all necessary steps to ensure that the company (Tim) is valued at its fair value. That is why, as shareholders, we are actively pursuing this," said Arnaud de Puyfontaine responding to a call on Vivendi's stake in Tim.

(Gianluca Lo Nostro, reporting Sara Rossi, editing Stefano Bernabei)