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Telecom Italia SpA (TLITn.MI)

TLITn.MI on Milan Stock Exchange

0.57EUR
22 Nov 2019
Change (% chg)

€0.00 (+0.17%)
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Latest Key Developments (Source: Significant Developments)

Italy antitrust gives conditional go ahead to F2i purchase of TIM's Persidera unit
Friday, 15 Nov 2019 

Nov 15 (Reuters) - Italy's competition regulator said::IT HAS GIVEN CONDITIONAL GREEN LIGHT TO F2I PURCHASE OF TELECOM ITALIA'S PERSIDERA UNIT.  Full Article

Telecom Italia did not discuss saving share conversion on Thursday
Friday, 8 Nov 2019 

Nov 8 (Reuters) - Telecom Italia CEO says during third quarter results call::SAVING SHARES CONVERSION WAS NOT ON THE AGENDA OF THURSDAY BOARD MEETING, IT WAS NOT DISCUSSED.THERE ARE NO TALKS WITH ANTITRUST ABOUT REMEDIES ON MOBILE TOWER DEAL WITH VODAFONE <<>> AT THIS STAGE.LOOKING FOR ONE OR MORE INFRASTRUCTURAL FUNDS TO BUY INTO NEW DATACENTER UNIT CAPITAL INCREASE.COMPANY IS IN THE PROCESS OF SELECTING FUNDS AS PARTNERS FOR OPEN FIBER DEAL, NOT SURE ABOUT TIMING.HE EXPECTS ITALY'S ANTITRUST TO CLEAR PERSIDERA SALE BY YEAR END.  Full Article

Telecom Italia and Santander agree joint venture on consumer credit
Friday, 8 Nov 2019 

Nov 7 (Reuters) - Telecom Italia and Banco Santander say::AGREE CONSUMER CREDIT JV .TELECOM ITALIA SAYS WILL HAVE 49% OF JV, SANTANDER TO HAVE 51%.TELECOM ITALIA SAYS CONSUMER CREDIT JV WITH SANTANDER WILL BE OPERATIVE NEXT YEAR.  Full Article

Telecom Italia signs MoU with Google on cloud business
Friday, 8 Nov 2019 

Nov 7 (Reuters) - Telecom Italia says ::AGREES MOU WITH GOOGLE CLOUD FOR STRATEGIC PARTNERSHIP.AS PART OF GOOGLE CLOUD DEAL IT WILL INVEST IN NEW DATA CENTRES.  Full Article

Telecom Italia Issues Statement On Merger Of Vodafone Towers Into INWIT
Friday, 1 Nov 2019 

Oct 31 (Reuters) - Telecom Italia SpA ::CONVENTIONAL TERM SET TO ACQUIRE EUROPEAN COMMISSION'S ASSESSMENT ON NATURE OF DEAL OF VODAFONE TOWERS INTO INWIT POSTPONED TO NOV 30.  Full Article

Telecom Italia Chairman Fulvio Conti Resigns
Thursday, 26 Sep 2019 

Sept 26 (Reuters) - Telecom Italia SpA ::CHAIRMAN FULVIO CONTI RESIGNS AS CHAIRMAN AND MEMBER OF BOARD.CONTI STATED THAT HE BELIEVES HIS MANDATE HAS BEEN COMPLETED, IN LIGHT OF THE BOARD ACHIEVED STABILITY IN ITS OPERATIONS.BOARD IS CALLED FOR 21 OCTOBER 2019 TO DELIBERATE ON CONTI'S REPLACEMENT.  Full Article

Italy's TIM Chairman Fulvio Conti Resigns
Thursday, 26 Sep 2019 

Sept 26 (Reuters) - Telecom Italia SpA ::CHAIRMAN FULVIO CONTI RESIGNS AS CHAIRMAN AND MEMBER OF BOARD.CONTI STATED THAT HE BELIEVES HIS MANDATE HAS BEEN COMPLETED, IN LIGHT OF THE BOARD ACHIEVED STABILITY IN ITS OPERATIONS.BOARD IS CALLED FOR 21 OCTOBER 2019 TO DELIBERATE ON CONTI'S REPLACEMENT.  Full Article

Telecom Italia CEO says any Open Fiber deal should not jeopardise debt reduction plan
Friday, 2 Aug 2019 

Aug 2 (Reuters) - Telecom Italia CEO Luigi Gubitosi says during first half results conference call :A DEAL WITH OPEN FIBER IS NOT AN OBJECTIVE PER SE, WE WOULD NOT DO A DEAL THAT WOULD JEOPARDISE OUR DELEVERAGING PLAN.SAYS HAS UNANIMOUS SUPPORT OF BOARD IN OPEN FIBER NEGOTIATIONS.SAYS DEALS LIKE OPEN FIBER DEAL "TAKE SOME TIME TO MATERIALIZE".SAYS COMPANY IS AHEAD OF SCHEDULE ON DEBT REDUCTION, WE'RE ON THE RIGHT TRACK AND CAN DO BETTER.  Full Article

TIM, Vodafone Sign Agreements For 5G Network Sharing Partnership
Friday, 26 Jul 2019 

July 26 (Reuters) - Telecom Italia SpA ::AGREEMENT WITH VODAFONE TO SHARE MOBILE NETWORK.TIM AND VODAFONE SIGN AGREEMENTS FOR ACTIVE NETWORK SHARING PARTNERSHIP FOR 5G.VODAFONE AND TIM EXPECT TO BENEFIT FROM SYNERGIES WORTH OVER 800MLN EACH OVER NEXT 10 YEARS.TO COMBINE WITH VODAFONE PASSIVE NETWORKS WITHIN INWIT, CREATING ITALY'S BIGGEST TOWER COMPANY.TIM AND VODAFONE WILL JOINTLY CONTROL NEW INWIT WITH EQUAL STAKES OF 37.5% EACH.TIM AND VODAFONE WILL HAVE OPTION OF REDUCING STAKES DOWN TO 25%.TRANSACTION WILL ALLOW TIM TO CUT DEBT BY MORE THAN €1.4BLN OVER TIME.VODAFONE WILL USE THE PROCEEDS FROM THE TRANSACTION TO REDUCE DEBT.EXPECTED ANNUAL €200MLN IMPROVEMENT IN NEW INWIT'S EBITDA BY 2026 THROUGH SYNERGIES.  Full Article

INWIT Sees 2026 Revenues Of Over EUR 1 Bln After TIM-Vodafone 5G Deal
Friday, 26 Jul 2019 

July 26 (Reuters) - Inwit ::TOTAL REVENUES EXPECTED TO EXCEED €1 BILLION IN 2026 FOLLOWING TIM-VODAFONE 5G DEAL.EXPECTS ITS RECURRING FREE CASH FLOW TO EXCEED €600 MILLION BY 2026.  Full Article

Telecom Italia SpA News

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Vivendi ready to sell part of Mediaset stake at a loss to end legal row: sources

MILAN French media group Vivendi is prepared to sell part of its stake in Mediaset at a loss in an attempt to reach a deal to end years of bitter legal disputes with the Italian broadcaster, two sources close to the matter said on Thursday.

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