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Telecom Italia SpA (TLIT.MI)

TLIT.MI on Milan Stock Exchange

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9 Dec 2016
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Latest Key Developments (Source: Significant Developments)

BofA Merrill Lynch held 5.535 pct of Telecom Italia as of Oct. 24 - filing
Thursday, 3 Nov 2016 08:56am EDT 

Telecom Italia: Bank of America Merrill Lynch held an indirect stake of 5.535 percent in Telecom Italia as of Oct. 24, a filing by market regulator Consob shows . The stake held includes a 1.012 percent stake with voting rights, a potential stake of 0.732 percent, 1.972 percent in long positions to be settled in stock and another 1.819 percent in long positions to be settled in cash Further company coverage: [TLIT.MI] (Reporting by Milan newsroom).  Full Article

Acotel Group to sell 100 pct stake in Noverca to Telecom Italia
Tuesday, 18 Oct 2016 01:45am EDT 

Acotel Group SpA : Said on Monday it entered into a preliminary agreement with Telecom Italia SpA for the sale of its 100 percent interest in Noverca Srl . Says Noverca Srl is a mobile virtual network aggregator present in the Italian market . The transaction will be concluded at a price based on an enterprise value of 4.5 million euros ($5.04 million) . Transaction price will be adjusted to the value of the target company's net debt at Oct. 31, provisionally valued at about 0.5 million euros . The transaction will presumably be completed by the end of October .The seller will also receive up to a further 0.5 million euros provided that Noverca's platform achieves the stated performance indicators.  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

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

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Vivendi denies considering Telecom Italia involvement in pay-TV deal

MILAN Vivendi denied on Friday a press report that said the French media group was willing to resume talks with Italian broadcaster Mediaset over a collapsed pay-TV deal and was considering involving Telecom Italia .