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Telecom Italia SpA (TLIT.MI)

TLIT.MI on Milan Stock Exchange

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Latest Key Developments (Source: Significant Developments)

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

Vivendi had 23.9 pct of Telecom Italia as of Dec. 5 - filing
Wednesday, 7 Dec 2016 11:46am EST 

Telecom Italia: French media group Vivendi held a stake of 23.925 percent in Telecom Italia as of Dec. 5, a filing by Italian market regulator Consob shows . A Vivendi spokesman says a SEC filing issued on Tuesday, which said the French company had raised its stake in Telecom Italia to 24.19 percent, contained an error and would be rectified to match the numbers issued by Consob Further company coverage: [TLIT.MI] (Reporting by Milan newsroom).  Full Article

Vivendi raises stake in Telecom Italia to 24.19 pct - filing
Tuesday, 6 Dec 2016 03:25pm EST 

Telecom Italia: Vivendi bought 117.9 million shares in the Italian telecoms group between Nov. 23 and Dec. 5 raising its stake to 24.19 percent of capital - SEC filing . As of Nov. 23 Vivendi held 23.15 percent of Telecom Italia, having bought more shares to gradually rebuild its holding after the conversion of a Telecom Italia bond into equity lowered it to 21.91 percent from 24.68 percent.[nFWN1DO00V] Further company coverage: [TLIT.MI] (Reporting by Milan Newsroom).  Full Article

Italy antitrust opens probes into Telecom Italia, Vodafone
Wednesday, 16 Nov 2016 12:26pm EST 

Italian antitrust authority says: opens two separate probes into Telecom Italia and Vodafone for alleged abuse of dominant position in the bulk text message (SMS) market, used by companies for notifications to clients . the probes were opened after a company that uses the text message services said the two companies applied tariffs that did not allow users of the services to cover costs . probes are expected to end on Nov. 30, 2017 Further company coverage: [TLIT.MI] [VOD.L] (Reporting by Milan newsroom).  Full Article

Telecom Italia shares pare gains, down 2 pct after results
Friday, 4 Nov 2016 08:00am EDT 

Telecom Italia: Shares in the Italian phone group reverse earlier gains after quarterly results and fall more than 3 percent; the stock is down 2.3 percent by 1237 GMT . The company posted a slightly better-than-expected 8.5 percent rise in third-quarter core earnings, helped by cost cutting at home and in Brazil and a stronger performance from its domestic mobile operations.[nI6N1CU01O] . One trader says the improvements were already priced in and investors are selling on the news Further company coverage: [TLIT.MI] (Reporting by Milan newsroom).  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

More From Around the Web

Court rejects Telecom Italia appeal against broadband tenders

MILAN, March 20 An administrative court has thrown out a complaint filed by Italian telecoms incumbent Telecom Italia against the rules of multi-billion tenders to install ultra-fast Internet in certain parts of the country, a court document showed.