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Telecom Italia SpA (TLIT.MI)

TLIT.MI on Milan Stock Exchange

13 Dec 2017
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Latest Key Developments (Source: Significant Developments)

Nobody suggesting Telecom Italia losing control of fixed line network - CEO
Friday, 10 Nov 2017 09:15am EST 

Nov 10 (Reuters) - Telecom Italia CEO Amos Genish tells analysts in a post-results conference call: :discussing with authorities how to best guarantee fair and equal access to network to all operators.use of golden power by government does not call for action over TIM's fixed-line network.even in the most extreme scenario nobody is suggesting that TIM could lose control over its fixed-line network.expects mobile ARPU, pricing in the market, to remain strong, and right balance in terms of pricing has been reached.fixed-line network solid, is going to be an important asset going forward.not planning to bid for sports TV broadcasting rights.  Full Article

Telecom Italia approves joint-venture with Vivendi's Canal+
Friday, 20 Oct 2017 12:07pm EDT 

Oct 20 (Reuters) - Telecom Italia (TIM) says::Board approves binding term-sheet for joint-venture with Vivendi's pay-TV arm Canal+.TIM to have 60 percent of joint-venture and three out of five board members .JV CEO to be picked among TIM-appointed board members .Shares government concerns over security issues after examining government's "golden power" decisions.Wants to engage in discussions with government "with spirit of full collaboration" over security issues relating to TIM Sparkle and Telsy units.Reserves, however, the right to evaluate impact of government's requests with aim to protect company's interests.  Full Article

Telecom Italia says Italy wants say in key decisions for strategic assets
Monday, 16 Oct 2017 03:06pm EDT 

Oct 16 (Reuters) - Telecom Italia says: :received notification of Italy's decision to exercise golden power over company.golden power application involves governance, organization measures partly already implemented by company.Italy requires that matters related to national security at TIM, Sparkle and Telsy be handled by Italian citizen approved by government.asked by Italy that a special security organizational unit be involved in all decision making pertaining to strategic activities and network.special security unit to be entrusted to security official chosen from shortlist provided by Rome government.Italy asks that government be informed before any key decisions regarding strategic activities.has 90 days to comply with golden power requirements.  Full Article

Starting level of 2.5 bln euros reasonable for Italy's 5G auction - official
Monday, 16 Oct 2017 06:42am EDT 

Oct 16 (Reuters) - Italy Communications Undersecretary Antonello Giacomelli says: :Starting level of 2.5 billion euros for 5G frequencies auction could be reasonable.  Full Article

Vivendi shares open up 1.18 percent, Credit Suisse raises to "outperform"
Friday, 29 Sep 2017 03:07am EDT 

Sept 29 (Reuters) - Vivendi is top CAC-40 gainer at Paris open:Shares open up 1.18 percent.Credit Suisse raises to "outperform" from "underperform".The process Italy has launched and which could lead to a fine for failure to notify the government of Vivendi assuming de facto control of Telecom Italia <<>> is against the Italian phone group, government sources said. nI6N1M300C.  Full Article

Telecom Italia chairman says company has appointed new CEO
Thursday, 28 Sep 2017 12:54pm EDT 

Sept 28 (Reuters) - Telecom Italia Chairman Arnaud de Puyfontaine tells journalists at the end of a board meeting::the company has appointed a chief executive, you will learn his name soon .  Full Article

Vivendi to appeal Consob decision on Telecom Italia
Wednesday, 13 Sep 2017 04:02pm EDT 

Sept 13 (Reuters) - Vivendi SA :Vivendi says takes note of the position expressed by the Consob, declaring the existence of a de facto control by Vivendi over Telecom Italia..Vivendi says formally contests that interpretation and will appeal to the competent courts..The Group reiterates that it has always complied with applicable law and regulations. .  Full Article

Telecom Italia to appeal watchdog ruling Vivendi has de facto control
Wednesday, 13 Sep 2017 03:05pm EDT 

Sept 13 (Reuters) - Telecom Italia says::it will appeal watchdog Consob's ruling that shareholder Vivendi has de facto control of the telecom group.Consob ruling diverges significantly from established interpretation of corporate control.  Full Article

Italy watchdog says Vivendi's stake in Telecom Italia is effective controlling stake
Wednesday, 13 Sep 2017 02:29pm EDT 

Sept 13 (Reuters) - Italy's market watchdog Consob says::Vivendi's stake in Telecom Italia should be considered as an effective controlling stake.  Full Article

Notorious Pictures signs agreement with TIM to distribute 71 films on Timvision
Thursday, 3 Aug 2017 06:01am EDT 



Breakingviews - M&A friction limits EU single-market opportunity

MILAN (Reuters Breakingviews) - Two Spanish ministries are interfering in Italy-based Atlantia’s 16.5 billion euro takeover bid for local toll-road group Abertis. France and Italy similarly meddled in recent deals within the European Union. Building scale inside the bloc isn’t proving entirely borderless.