Edition:
United States

Telecom Italia SpA (TI.N)

TI.N on New York Stock Exchange

8.22USD
4:02pm EDT
Change (% chg)

$-0.19 (-2.26%)
Prev Close
$8.41
Open
$8.43
Day's High
$8.45
Day's Low
$8.18
Volume
30,485
Avg. Vol
32,039
52-wk High
$14.18
52-wk Low
$6.95

Latest Key Developments (Source: Significant Developments)

Telecom Italia shareholders will find Q3 very satisfactory - CEO
Thursday, 1 Sep 2016 06:25am EDT 

Telecom Italia CEO Flavio Cattaneo says: shareholders will find third-quarter results very satisfactory . Q3 results will show improved profitability Further company coverage: [TLIT.MI] (Reporting by Milan newsroom).  Full Article

TIM and Samsung, in collaboration with Gemalto, launch smartwatch with integrated eSIM in Italy
Monday, 29 Aug 2016 01:00am EDT 

Gemalto NV :TIM and Samsung launch the first smartwatch in Italy with integrated eSIM, in collaboration with Gemalto.  Full Article

Italy's CDP approves merger of Enel Open Fiber with Metroweb
Wednesday, 3 Aug 2016 11:55am EDT 

State financing agency Cassa Depositi e Prestiti (CDP) says: approves merger of Enel Open Fiber (EOF) with fiber-optic firm Metroweb . Metroweb deal envisages a 714 million euro capital increase at EOF, reserved equally for Enel and CDP, as already disclosed by Enel [nL8N1AE9QH] Further company coverage: [ENEI.MI] (Reporting by Milan newsroom).  Full Article

JP Morgan's positions in Telecom Italia total 7.54 pct -Consob
Thursday, 28 Jul 2016 12:35pm EDT 

Telecom Italia: JP Morgan had overall interest in Telecom Italia, including options, other long positions, of 7.54 percent as of July 1, according to a document from market regulator Consob . Interest includes 0.819 percent in voting rights, 4.071 percent potential stake referring to a convertible bond with maturity of July 24, 2017; 2.387 percent in share-settled long positions and 0.261 percent in cash-settled long positions Further company coverage: [TLIT.MI] (Reporting by Milan newsroom).  Full Article

Telecom Italia, Fastweb JV open to commercial partners, not equity investors - source
Wednesday, 27 Jul 2016 04:58am EDT 

Telecom Italia: a company source clarifies broadband JV with Fastweb open to other commercial partners, not to equity investors . CEO Flavio Cattaneo earlier said the JV was open to other partners, but he wasn't aware if there was any other party interested in investing in infrastructure . Telecom Italia and Fastweb said on Tuesday they have agreed to create a joint venture that will invest 1.2 billion euros ($1.32 billion) to help speed up the rollout of an ultrafast broadband network in 29 cities across Italy.[nL8N1AC6UH] Further company coverage: [TLIT.MI] (Reporting by Stefano Rebaudo, editing by Paola Arosio).  Full Article

Telecom Italia CEO says broadband JV with Fastweb open to other partners
Wednesday, 27 Jul 2016 04:56am EDT 

Telecom Italia CEO Flavio Cattaneo says: broadband JV with Fastweb open to other partners Further company coverage: [TLIT.MI] (Reporting by Milan newsroom).  Full Article

Telecom Italia does not see antitrust hurdle to Fastweb JV - CFO
Wednesday, 27 Jul 2016 04:56am EDT 

Telecom Italia CFO Piergiorgio Peluso says: does not expect antitrust opposition to JV with Fastweb Further company coverage: [TLIT.MI] (Reporting by Milan newsroom).  Full Article

Telecom Italia sees net debt/EBITDA ratio below 2.7 times in 2018 - slide
Wednesday, 27 Jul 2016 04:06am EDT 

Telecom Italia says in slides posted on its website: Sees net debt/EBITDA ratio below 2.7x in 2018 in updated leverage projection after cost cut programme, excluding INWIT sale Further company coverage: [TLIT.MI] (Reporting by Milan newsroom).  Full Article

Telecom Italia opens up 7 pct after strong results, Fastweb deal
Wednesday, 27 Jul 2016 03:11am EDT 

Telecom Italia: Shares in the Italian phone group open more than 7 percent higher after it reported better-than-expected first-half results; the stock initially failed to start trading . Telecom Italia nudged up its guidance for domestic core earnings this year after reporting better-than-expected first-half results, helped by stronger performance from its mobile operations. [nI6N1A400Y] . Telecom Italia and Swisscom unit Fastweb have agreed to create a joint venture that will invest 1.2 billion euros to help speed up the rollout of an ultrafast broadband network in 29 cities across Italy. [nL8N1AC6UH] Further company coverage: [TLIT.MI] (Reporting by Milan newsroom).  Full Article

EI Towers CEO says does not expect progress on INWIT stake sale this yr
Tuesday, 26 Jul 2016 12:14pm EDT 

EI Towers CEO Guido Barbieri tells analysts in a post-results conference call: Spain one of the markets group is looking at, process to reach a deal with Spain's Axion is not finalised . does not expect anything to happen on Telecom Italia's sale of stake in mast subsidiary INWIT in short term or this year . group's approach to international M&A is opportunistic, wants to invest in countries in which distribution model is similar to Italy's . not close to any deal outside Italy, looking at other portfolios in Europe but all at preliminary stage Further company coverage: [EIT.MI] [INWT.MI] (Reporting by Milan newsroom).  Full Article

Italy - Factors to watch on Sept. 26

The following factors could affect Italian markets on Monday.