Profile: Telecom Italia SpA (TI.N)
21 Jul 2014
Telecom Italia S.p.A. is engaged in fixed and mobile telecommunications services in Italy and the holding company for various businesses, principally telecommunications. The Company operates through four business units: Domestic, Brazil, Media and Olivetti. The main categories of accesses are fixed telephony accesses, Internet and data accesses, Internet Protocol TV (IPTV), mobile accesses (includes mobile telephony), unbundled local loop, wholesale asymmetric digital subscriber line (ADSL) and others. Fixed telephony accesses include public switched telephone network (PSTN) lines, integrated services digital network (ISDN) lines and circuits. Internet and data accesses include broadband accesses (wholesale ADSL and retail ADSL lines), narrowband accesses (Internet service through the PSTN) and other accesses (unbundled local loops, circuits and other business data accesses including WiFi and fiber optic cable). Unbundled local loop includes accesses to both ends of the copper local loop leased to other operators to provide voice and digital subscriber line (DSL) services (fully unbundled loop) or only DSL service (shared unbundled loop). On October 13, 2010, the Company acquired control of Sofora group with its acquisition of an 8% stake in Sofora Telecomunicatiociones S.A (Sofora), the Telecom Argentina controlling holding company. On October 5, 2010, the Company disposed of the BBNed group. In September 2010, the Company announced the sale of 70% interest in Elettra TLC SpA to the France Telecom SA group.
The Domestic Business Unit operates as the consolidated market leader in Italy in providing telephone and data services on fixed-line and mobile networks for final retail voice customers and other wholesale operators. In the international field, the Business Unit develops fiber optic networks for wholesale customers (in Europe, in the Mediterranean and in South America). The Domestic Business Unit includes core domestic and international wholesale. Core Domestic includes all telecommunications activities within to the Italian market. Consumer comprises the aggregate of voice and Internet services and products managed and developed for individuals and families in the fixed and mobile telecommunications markets, public telephony and Web portal/services; business comprises by the aggregate of voice, data, Internet and Information and Communications Technologies (ICT) solutions services and products managed and developed for small and medium enterprises (SMEs) and small office home office (SOHOs) in the fixed and mobile telecommunications markets; top comprises the aggregate of voice, data, Internet and ICT solutions services and products managed and developed for public sector, large account and enterprise clientele in the fixed and mobile telecommunications markets; national wholesale consists of the management and development of the portfolio of regulated and unregulated wholesale services for fixed and mobile telecommunications operators in the domestic market, and Other includes technology and operations services related to the development, building and operation of network infrastructures, real estate, plant and information technology, in addition to delivery and assurance processes regarding client services; staff and other: services carried out by staff functions and other support activities performed by minor companies of the Company also offered to the market and other Business Units. International Wholesale includes the activities of the Telecom Italia Sparkle group, which operates in the international voice, data and Internet services market aimed at fixed and mobile telecommunications operators, Internet Service Provider/ Application Service Provider (ISPs/ASPs) and multinational companies through its own networks in the European, Mediterranean and South American markets.
The Telecom Italia Group operates in the mobile and fixed telecommunications sector in Brazil through the Tim Brasil group which offers mobile services using universal mobile telecommunications system (UMTS), global system for mobile communication (GSM) and time division multiple access (TDMA) technologies. The Tim Brasil group is able to offer fiber-optic data transmission services using full Internet Protocol (IP) technology, such as dense wavelength division multiplexing (DWDM) and multi protocol label switching (MPLS). The Tim Brasil group’s services cover an area containing over 172.9 million of Brazil’s 193.3 million inhabitants. For voice, in the Consumer segment, TIM continued with Infinity and Liberty plans. In data services, TIM include plans of the TIM Web, Liberty Web and Infinity Web promotions. In fixed line services, TIM is continuing the existing TIM Fixo Mais offering.
The Telecom Italia Group operates in the fixed and mobile telecommunications sector in Argentina mainly through Telecom Argentina and Telecom Personal, respectively, as well as mobile telecommunications operations in Paraguay through Nucleo. Telecom Argentina has a non-expiring license to provide fixed-line telecommunications services in Argentina, Telecom Personal has a non-expiring license to provide mobile services in Argentina and Nucleo has a renewable license to provide mobile services in Paraguay. Telecom Argentina also provides other telephone-related services, such as international long-distance service, data transmission, information technology (IT) solutions outsourcing and Internet services. Telecom Argentina has a non-expiring license to provide fixed-line telecommunications services in the Northern Region of Argentina. Telecom Argentina also provides other telephone-related services, such as international long-distance service, data transmission, IT solutions outsourcing and Internet services, and through its controlled companies, Telecom Personal and Nucleo also provides mobile telecommunications services in Argentina and Paraguay, respectively.
The Telecom Italia Media group operates in the Telecom Italia Media, MTV group and Network Operator business segments. Telecom Italia Media includes activities relating to the television broadcasters La7 and La7D (the channel launched in March 2010) and those of the Digital Content for the Telecom Italia Group for the creation and production of content relating to the platforms of Telecom Italia and to the Web; MTV group includes activities carried out by MTV Italia and its subsidiary MTV Pubblicita relating to the television broadcasters MTV and MTV+ (the channel launched in May 2010), the 360 degree Playmaker production unit, the production of multimedia musical platforms and satellite channels, in addition to MTV Mobile and Digital (Web), and Network Operator (TIMB) includes activities conducted by Telecom Italia Media Broadcasting for the operation of the analog and digital broadcasting networks of La7 and MTV and the Digital Multiplex channels operated by the Company, in addition to accessory services and radio and television broadcasting platforms offered to Group companies and third parties.
The Olivetti group mainly operates in the office products and services for Information Technology sectors. it offers solutions able to automate processes and business activities for small and medium enterprises, corporations and vertical markets. The offering comprises digital printing systems, notebooks and personal computers, ink-jet office products, specialized applications for the banking field and commerce, information systems for managing forecast games, electronic voting and e-government. It also operates with a dedicated structure in the field of documental services (digital management of company documents), caring services (specialist help-desk) and technical assistance. Olivetti also manufactures products using silicon technology (ink-jet print heads and Micro Electro-Mechanical Systems (MEMS) and industrial applications.
The Company competes with Wind-Infostrada, Fastweb, Tiscali, Vodafone, TeleTu, BT Italia, America Movil group and Telefonica group and Clarin group.
Telecom Italia SpA
Corso d'Italia 41
Company Web Links
- Telefonica tries to ease Brazil pressure with lower Telecom Italia stake
- Telefonica prices bond at up to 1.032 eur/Telecom Italia share
- Telefonica to use exchangeable bond to cut Telecom Italia stake
- UPDATE 2-Telefonica to use exchangeable bond to cut Telecom Italia stake
- Telecom Italia sees no strategy change after Telefonica move - chairman