Tim Participacoes SA (TIMP3.SA)

TIMP3.SA on Sao Paulo Stock Exchange

20 Apr 2018
Change (% chg)

R$ 0.01 (+0.06%)
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R$ 15.58
R$ 15.64
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R$ 15.64
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Latest Key Developments (Source: Significant Developments)

Telecom Italia CEO says Brazil unit strategic, open to explore options for INWIT
Friday, 10 Nov 2017 

Nov 10 (Reuters) - Telecom Italia CEO Amos Genish tells analysts in a post-results conference call: :sees TIM Brasil as strategic asset for company, a lot of value could be created in unit in coming years.open to various possibilities regarding tower unit INWIT, important but not strategic asset.  Full Article

TIM Participacoes appoints new CFO
Monday, 5 Sep 2016 

TIM Participacoes SA : Said on Friday that the board of directors had agreed to appoint Adrian Calaza as new chief financial officer to replace Guglielmo Noya .The appointment is subject to obtaining of the relevant visa.  Full Article

Vivendi CEO has open mind on potential Telecom Italia-Mediaset merger
Tuesday, 26 Jul 2016 

Vivendi CEO Arnaud de Puyfontaine says: Has an open mind regarding the potential of a future Telecom Italia-Mediaset merger but nothing on the table at the moment . Very happy with results statement Telecom Italia will present later on Tuesday . No plan for a deal between Telecom Italia and Orange . No plan to sell TIM Brasil for time being but "never say never" . Comfortable with current stake in Telecom Italia . Could imagine Telecom Italia being a consolidator one day Further company coverage: [MS.MI] [TLIT.MI] [VIV.PA] (Reporting by Milan Newsroom).  Full Article

Vivendi CEO says Telecom Italia remuneration plan in shareholder interest
Wednesday, 25 May 2016 

Vivendi Chief Executive Arnaud de Puyfontaine tells a Telecom Italia shareholder meeting: as biggest investor in the Italian phone group, is in favour of Telecom Italia's proposed new remuneration plan . it is in line with shareholder interests Further company coverage: [TLIT.MI] [VIV.PA] (Reporting by Milan newsroom).  Full Article

Telecom Italia CEO says no need for "external capital"
Monday, 16 May 2016 

Telecom Italia CEO Flavio Cattaneo tells analyst call: Company does not need any "external capital" . Conversion of savings shares would create value but conditions to do it no longer there CFO Piergiorgio Peluso says: . Sees 80 million euro in labour costs cuts this year, that number to remain constant in 2017, 2018 . Cost cutting plan will help reach stable domestic EBITDA this year which is ratings agencies' main concern Further company coverage: [TLIT.MI] (Reporting by Milan newsroom).  Full Article

Telecom Italia would buy Metroweb at right price, but can also go alone - CEO
Monday, 16 May 2016 

Telecom Italia Chief Executive Flavio Cattaneo tells analysts in a conference call: willing to buy Metroweb at "the right price", but company can also execute its broadband plan on its own . declined to comment on ongoing talks to buy Metroweb Further company coverage: [TLIT.MI] (Reporting by Milan newsroom).  Full Article

RPT-TIM board members had expected change at top for months -source

SAO PAULO, March 16 The replacement of TIM Participacoes SA Chairman Mario Cesar Pereira de Araujo on Friday was not a surprise to the company's board given the increasingly hands-on approach of the CEO of the Brazilian company's Italian parent, Telecom Italia, a high-ranking source with direct knowledge of the matter said.