Key Developments: Telecom Italia SpA (TLITn.MI)

TLITn.MI on Milan Stock Exchange

0.69EUR
17 Apr 2014
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Latest Key Developments (Source: Significant Developments)

Telecom Italia SpA approves FY 2013 privileged dividend; appoints Giuseppe Recchi as Chairman
Wednesday, 16 Apr 2014 06:06pm EDT 

Telecom Italia SpA:Approves the distribution of a privileged dividend of 0.0275 on saving shares.The dividend will be payable from April 25 (record date April 24) with a coupon date of April 22.Appoints Giuseppe Recchi Chairman of the new Board of Directors.  Full Article

Telecom Italia SpA signs agreement with Sky for Sky offer on Telecom Italia ultrabroadband networks
Thursday, 10 Apr 2014 06:40am EDT 

Telecom Italia SpA:Signs an agreement with Sky that will allow Telecom Italia customers to access the whole Sky television offer through its ultrabroadband networks, with a My Sky HD decoder specially created for Internet TV.Says the offer will be available from FY 2015.Says the Sky offer will be primarily directed towards customers who have an optic fibre connection, and will be a driver for the development of ultrabroadband.  Full Article

Telecom Italia SpA sells building owned in via Negri 1 Milan
Monday, 31 Mar 2014 11:08am EDT 

Telecom Italia SpA:Announces to have sold the building owned in via Negri 1, Milan, to Fondo Inarcassa RE for 75 million euros.Says, the building, located close to Piazza Affari and the Duomo, offers 6 floors above ground and a basement floor, for a gross usable area of 11,600 square meters.Says the building, comprehensively renovated in 2007, hosts, primarily, offices and a telephone exchange on the ground floor and basement.Says together with the deed of sale, Telecom Italia signed a long term rental contract, the building will remain the Milan headquarters of the company.  Full Article

Telecom Italia SpA proposes non-distribution of dividends for ordinary shares and proposes privileged dividend for FY 2013; sees recovery of operating performance for FY 2014
Friday, 7 Mar 2014 01:31am EST 

Telecom Italia SpA:Proposes at the next Shareholders' Meeting the non-distribution of dividends for ordinary shares for fiscal year 2013.Says savings shareholders on the other hand will be paid the privileged dividend, set out in the Bylaws at 0.0275 euros per share, for a total amount of 166 million euros.Says the dividend will be payable starting from April 25, with a coupon date of April 22 (record date April 24).Expects a gradual recovery of the operating performance for the 2014 fiscal year in keeping with the dynamics of the 2014-2016 three-year Plan.  Full Article

Telecom Italia SpA signs agreement with Friuli Venezia Giulia region for digital check-up
Wednesday, 19 Feb 2014 07:00pm EST 

Telecom Italia SpA:Says it signed an agreement with the Friuli Venezia Giulia region to launch a digital check-up of the region.Says, through the digital check-up, it will be possible to identify any digital gap present in Friuli Venezia Giulia, analyze the reasons for such gaps and propose projects to overcome the gaps.  Full Article

Telecom Italia SpA signs agreement with ATB for optical fiber in Bergamo alta
Wednesday, 12 Feb 2014 07:00pm EST 

Telecom Italia SpA:Signs agreement with ATB Mobilita aimed at bringing the optical fiber to Bergamo alta.Says the agreement entails the use of the city's cable cars' tracks space in order to place the optical fiber cables.Says, through this procedure, it will be possible to extend the network coverage in the city by avoiding further excavations.  Full Article

Telecom Italia SpA appoints Aldo Minucci as Chairman
Thursday, 6 Feb 2014 01:30pm EST 

Telecom Italia SpA:Says the Board appointed Aldo Minucci as Chairman of the Board of Directors.Says Director Aldo Minucci previously held the office of Vice Chairman.  Full Article

Telecom Italia SpA issues 1 billion euro bond
Thursday, 16 Jan 2014 12:48pm EST 

Telecom Italia SpA:Announces that it issued a 1 billion euro, fixed rate bond offered to institutional investors.Says yield of the bond, equal to 4.594 percent, is below the average cost of debt (5.4 percent at the end of Sep. 2013).Says proceeds of this issue will be used to refinance maturing debt.  Full Article

Blackrock Inc increases stake in Telecom Italia SpA-Reuters
Saturday, 14 Dec 2013 07:27am EST 

Blackrock Inc:Almost doubled its stake in Telecom Italia SpA to 10 percent at the end of Nov. to become its second-largest shareholder, according to documents published by the U.S. Securities and Exchange Commission-Reuters.  Full Article

Telecom Italia SpA signs agreement with Amazon.com Inc to deliver Amazon Mobile App and Kindle for Android App to TIM customers
Tuesday, 3 Dec 2013 07:00pm EST 

Telecom Italia SpA:Says it signed an agreement with Amazon.com Inc aimed at giving Amazon Mobile App and Kindle for Android App preloaded on TIM devices to their customers, starting from end of 2013.Says thanks to this collaboration, TIM Customers will benefit from the easy access to mobile shopping, a reading experience on their TIM devices, easy access to Amazon’s selection, and services.Says this partnership aims at favoring a better integration of e-commerce and mobile services especially relevant in the Italian market.  Full Article

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