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Telecom Italia SpA (TI.N)

TI.N on New York Stock Exchange

9.88USD
22 May 2017
Change (% chg)

$-0.08 (-0.80%)
Prev Close
$9.96
Open
$9.91
Day's High
$9.91
Day's Low
$9.80
Volume
10,504
Avg. Vol
20,230
52-wk High
$10.20
52-wk Low
$6.95

Latest Key Developments (Source: Significant Developments)

Vivendi confirms outlook, reiterates desire to create value for Telecom Italia
Thursday, 11 May 2017 10:32am EDT 

May 11 (Reuters) - Vivendi :Q1 shows significant increase in revenues.Full-Year outlook confirmed •.Q1 adjusted net income grew 57.2% to €155 million.Q1 revenues amounted to €2.66 billion, a strong increase of 6.9%.Reaffirmed its long-term commitment to telecom italia.Reaffirmed desire to create significant value for the telecom italia's customers, employees and shareholders..  Full Article

Telecom Italia denies reports on sale of stake in broadcasting group Presidera
Wednesday, 10 May 2017 03:17pm EDT 

May 10 (Reuters) - Italy's Telecom Italia says: :denies press reports regarding Vivendi's commitments to the European Commission's Directorate General for Competition.matter has not been the subject of any analysis by management or corporate bodies.On Wednesday Italian financial daily Il Sole 24 Ore reported that among concessions offered by Vivendi to the EU Commission - set to rule over the French media group's sway at the Italian phone group - was for Telecom Italia to sell its stake in broadcasting services group Persidera.  Full Article

Vivendi reaffirms its long-term commitment to Telecom Italia
Friday, 5 May 2017 08:15am EDT 

May 5 (Reuters) - Vivendi :Vivendi reaffirmed in a statement on Friday its long-term commitment to Telecom Italia. .A Telecom Italia shareholder meeting approved on Thursday the slate of board candidates submitted by Vivendi, which is Telecom Italia's top shareholder nL8N1I687W.  Full Article

Enel broadband unit has no plans to list or tie up with Telecom Italia
Thursday, 4 May 2017 01:04pm EDT 

May 4 (Reuters) - Enel CEO Francesco Starace says::group's Open Fiber broadband unit has no plans for a tie-up with Telecom Italia or to list on the stock market.does not see big changes in U.S. environmental policy over next 3-4 years.  Full Article

Vivendi aims to reward Telecom Italia investors with dividends-CEO
Thursday, 4 May 2017 06:00am EDT 

May 4 (Reuters) - Telecom Italia: :Vivendi CEO Arnaud de Puyfontaine says company aims to reward Telecom Italia's shareholders with dividend payouts.  Full Article

Telecom Italia Q1 core earnings rise 16 pct
Wednesday, 3 May 2017 12:36pm EDT 

May 3 (Reuters) - Telecom Italia says: :Q1 group EBITDA up 16.2 percent to 1.99 billion euros .Q1 revenues up 8.5 percent to 4.82 billion euros versus 4.73 billion euros analyst consensus provided by company.Q1 domestic EBITDA 1.62 billion euros.adjusted net debt at 25.24 billion euros at end-March versus 25.31 billion euros analyst consensus provided by company.sees domestic revenues returning to growth in Q2.  Full Article

Telecom Italia rules out putting tower assets together with others'
Tuesday, 28 Mar 2017 09:23am EDT 

Telecom Italia CEO Flavio Cattaneo says: the phone company is not interested in putting its tower assets with those of other operators given the company's focus on telecom towers only Further company coverage: [TLIT.MI] (Reporting by Milan newsroom).  Full Article

Telecom Italia sees no impact from broadband tender results
Monday, 20 Feb 2017 09:52am EST 

Telecom Italia says: results of Italian broadband tender process will have no operational or strategic impact on company, will not affect its market position Further company coverage: [TLIT.MI] (Reporting by Milan newsroom).  Full Article

Telecom Italia shares up 3 pct after rise in 2016 earnings
Monday, 6 Feb 2017 02:59am EST 

Italy's biggest phone group Telecom Italia: Shares rise 3 percent in early trade . The group on Friday posted a better than expected 14.4 percent rise in full-year core earnings, helped by cost cuts and its domestic operations returning to growth [nL5N1FO64U] . The company will hold a conference call on full year results and its 2017-2019 industrial plan later on Monday. Further company coverage: [TLIT.MI] (Reporting by Milan newsroom).  Full Article

Telecom Italia targets 1.9 bln euro savings under 2017-2019 plan
Friday, 3 Feb 2017 02:10pm EST 

Telecom Italia says: Sees debt-to-reported EBITDA ratio falling to below 2.7 times by end-2018 . Sees 2017-19 investments in Italy of around 1 billion euros . Expects revenue and domestic EBITDA growth throughout 2017-19 plan period . Sees domestic EBITDA growing low-single digit year-on-year in 2017-2019 .Sees efficiency savings on Opex and Capex of 1.9 billion euros by 2019.  Full Article

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