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Reti Telematiche Italiane SpA (LIT.MI)

LIT.MI on Milan Stock Exchange

1.53EUR
11 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Reti Telematiche Italiane Agrees Strategic Partnership With Asian Leading International Telecommunications Player
2:08am EST 

Dec 12 (Reuters) - Reti Telematiche Italiane Spa ::RETELIT AGREES STRATEGIC PARTNERSHIP WITH AN ASIAN LEADING INTERNATIONAL TELECOMMUNICATIONS PLAYER.AS PART OF PARTNERSHIP, ASIAN OPERATOR ACQUIRES FROM RETELIT 1.1 TBPS OF CAPACITY ON FIBER OPTIC SUBMARINE CABLE (AAE-1).AGREEMENT IN ADDITION PERMITS RETELIT TO USE A WIDE RANGE OF SERVICES MADE AVAILABLE BY ASIAN PLAYERS.  Full Article

Reti Telematiche Italiane 9-month net profit up at EUR 4.8‍​ million
Thursday, 9 Nov 2017 10:27am EST 

Nov 9 (Reuters) - RETI TELEMATICHE ITALIANE SPA :9-MONTH REVENUE EUR 44.3 ‍​ MILLION, UP 21 PCT VERSUS YEAR AGO.9-MONTH NET PROFIT EUR 4.8‍​ MILLION VERSUS EUR 1.8 MILLION YEAR AGO.  Full Article

Reti Telematiche Italiane says no formal negotiations with f2i are in place‍​
Wednesday, 11 Oct 2017 04:31am EDT 

Oct 11 (Reuters) - RETI TELEMATICHE ITALIANE SPA ::COMMUNICATES THAT, AT THE MOMENT, NO FORMAL NEGOTIATIONS BETWEEN F2I AND THE COMPANY ARE IN PLACE‍​.SAYS THERE ARE ONLY INFORMAL TALKS, WHICH ARE RELATED TO THE NORMAL ACTIVITIES AMONG TELECOM OPERATORS‍​.  Full Article

Reti Telematiche Italiane H1 net profit up at EUR 4.0 mln
Wednesday, 27 Sep 2017 10:32am EDT 

Sept 27 (Reuters) - RETI TELEMATICHE ITALIANE SPA ::H1 TOTAL REVENUE EUR 30.1 MILLION VERSUS EUR 24.6 MILLION YEAR AGO.H1 NET PROFIT EUR 4.0 MILLION VERSUS EUR 1.3 MILLION YEAR AGO.  Full Article

Reti Telematiche Italiane Q1 net profit up at EUR 1.0 million
Thursday, 11 May 2017 10:29am EDT 

May 11 (Reuters) - RETI TELEMATICHE ITALIANE SPA ::Q1 NET PROFIT AT € 1.0 MILLION COMPARED TO € 0.5 MILLION IN Q1 2016.Q1 REVENUE EUR 13.6 MILLION VERSUS EUR 12.4 MILLION YEAR AGO.OPERATIONS IN THE INITIAL MONTHS OF 2017 ARE IN LINE WITH THE INDUSTRIAL PLAN.  Full Article

Retelit FY net profit falls to EUR 2.9 mln
Wednesday, 15 Mar 2017 12:06pm EDT 

Reti Telematiche Italiane SpA : FY revenue 49.6 million euros ($52.70 million) versus 42.1 million euros a year ago . FY net profit 2.9 million euros versus 3.4 million euros a year ago . Guidance 2017: turnover between 60 million euros and 63 million euros . Guidance 2017: EBITDA between 20 million euros and 23 million euros . Targets turnover in 2021 between 89 million euros and 93 million euros .Targets EBITDA in 2021 between 44 million euros and 46 million euros.  Full Article

Retelit launches network service in partnership with BICS
Tuesday, 28 Feb 2017 02:47am EST 

Reti Telematiche Italiane SpA : Launches network service (Bari-Europe Backhaul) in partnership with BICS, a telecommunication services provider .Under partnership, BICS acquires from Retelit 60 Gbps of the AAE-1 cable's submarine capacity.  Full Article

Retelit acquires 9.5 pct stake in project Open Hub Med
Friday, 17 Feb 2017 02:51am EST 

Reti Telematiche Italiane SpA : Enters project Open Hub Med by acquiring a stake of 100,000 euros ($106,570.00), corresponding to 9.5 percent .Open Hub Med is a hub in Italy for the exchange of data communications, landing of submarine cables in the Mediterranean sea.  Full Article

Retelit 9-month net profit down at EUR 1.8 million
Wednesday, 9 Nov 2016 08:34am EST 

Reti Telematiche Italiane SpA : 9-month revenue 36.6 million euros ($40.38 million) versus 30.1 million euros year ago .9-month net profit 1.8 million euros versus 2.1 million euros year ago.  Full Article

Retelit H1 net profit falls to EUR 1.3 mln
Tuesday, 2 Aug 2016 08:05am EDT 

Reti Telematiche Italiane SpA : H1 revenue 24.6 million euros ($27.54 million) versus 19.7 million euros a year ago . H1 net profit 1.3 million euros versus 2.2 million euros a year ago . Expects FY 2016 turnover between 44 million euros and 46 million euros . Expects FY 2016 EBITDA between 11 million euros and 12 million euros .Sees FY 2016 results to be positioned at least on the high end of the guidance range.  Full Article