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Telecom Italia SpA (TLIT.MI)

TLIT.MI on Milan Stock Exchange

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19 Oct 2017
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Latest Key Developments (Source: Significant Developments)

Telecom Italia says Italy wants say in key decisions for strategic assets
Monday, 16 Oct 2017 03:06pm EDT 

Oct 16 (Reuters) - Telecom Italia says: :received notification of Italy's decision to exercise golden power over company.golden power application involves governance, organization measures partly already implemented by company.Italy requires that matters related to national security at TIM, Sparkle and Telsy be handled by Italian citizen approved by government.asked by Italy that a special security organizational unit be involved in all decision making pertaining to strategic activities and network.special security unit to be entrusted to security official chosen from shortlist provided by Rome government.Italy asks that government be informed before any key decisions regarding strategic activities.has 90 days to comply with golden power requirements.  Full Article

Starting level of 2.5 bln euros reasonable for Italy's 5G auction - official
Monday, 16 Oct 2017 06:42am EDT 

Oct 16 (Reuters) - Italy Communications Undersecretary Antonello Giacomelli says: :Starting level of 2.5 billion euros for 5G frequencies auction could be reasonable.  Full Article

Italy minister feels there are grounds to apply golden powers to T.Italia's Sparkle unit
Monday, 9 Oct 2017 12:06pm EDT 

Oct 9 (Reuters) - Italy's Industry minister Carlo Calenda says::Government will assess whether there are grounds for applying special "golden powers" over Telecom Italia's submarine cable unit Sparkle."I believe there are because it has a role in national security".  Full Article

Italy antitrust probes Telecom Italia over broadband dominance
Tuesday, 4 Jul 2017 12:30pm EDT 

July 4 (Reuters) - Telecom Italia Spa :Italy's antitrust watchdog says in a statement it is probing Telecom Italia for possible abuse of its dominant position in roll out of ultra-fast broadband .  Full Article

Telecom Italia head sees impact of turnaround plan ahead of time
Friday, 30 Sep 2016 11:00am EDT 

Telecom Italia Chairman Giuseppe Recchi says: expects to see effects of group's turnaround plan earlier than expected . terms of government tenders for the rollout of an "ultra-fast" broadband network in Italy are discriminatory Further company coverage: [TLIT.MI] (Reporting by Milan newsroom).  Full Article

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

BRIEF-Telecom Italia CEO says meeting with Italy minister "positive and productive"

* had "positive and productive" first meeting with Italy Industry Minister Carlo Calenda Further company coverage: (Reporting by Milan newsroom)