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Telecom Italia SpA (TLITn.MI)

TLITn.MI on Milan Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Vivendi Calls For Independent Board After Telecom Italia Audit Report
Monday, 11 Mar 2019 

March 11 (Reuters) - VIVENDI SA ::SAID ON FRIDAY IT IS EXTREMELY CONCERNED ABOUT THE OUTCOME OF THE TELECOM ITALIA <<>> STATUTORY AUDITORS REPORT CONFIRMING SERIOUS IRREGULARITIES TO GOVERNANCE OF COMPANY .REPORT REVEALS CHAIRMAN OF TIM BOARD VIOLATED CORPORATE LAWS AS WELL AS BASIC GOVERNANCE RULES .REPORT CONFIRMS EXISTENCE OF A "SHADOW BOARD OF DIRECTORS" COMPRISED OF ONLY ELLIOTT-NOMINATED BOARD MEMBERS.REPORT SAYS "SHADOW BOARD OF DIRECTORS" WAS ASSISTED FOR THE OCCASION BY LEGAL ADVISORS HAVING PREVIOUS ADVISED ELLIOTT.CO SAYS THE FACTS DESCRIBED IN THE REPORT SHOW A DISSEMINATION OF PRIVILEGED INFORMATION TO THIRD PARTIES PRIOR TO A BOARD MEETING.CO CONFIRMS BELIEF THAT TIM SHAREHOLDERS MUST PUT IN PLACE A TRULY INDEPENDENT BOARD AT MARCH 29 MEETING.  Full Article

Italy's INWIT sees strong growth in new businesses this year
Monday, 18 Feb 2019 

Feb 18 (Reuters) - Infrastrutture Wireless Italiane SpA (INWIT) says::2018 REVENUES 378.5 MILLION EUROS.FY EBITDA 215.4 MILLION EUROS, EBITDA MARGIN 56.9 PERCENT.FY NET PROFIT 140.8 MILLION EUROS FROM 126.7 MILLION EUROS A YEAR AGO .TO PAY 2018 DIVIDEND OF 0.211 EUROS PER SHARE.EXPECTS FURTHER GROWTH IN TRADITIONAL BUSINESS AREAS THIS YEAR, STRONG ACCELERATION IN NEW BUSINESSES.  Full Article

Elliott Associates - Believe Securities Of Telecom Italia Are Undervalued, Represent Attractive Investment Opportunity
Thursday, 31 Jan 2019 

Jan 31 (Reuters) - Elliott Associates: :ELLIOTT ASSOCIATES - BELIEVE THE SECURITIES OF TELECOM ITALIA ARE UNDERVALUED AND REPRESENT AN ATTRACTIVE INVESTMENT OPPORTUNITY - SEC FILING.ELLIOTT HAS INCREASED STAKE IN TELECOM ITALIA TO 9.4 PERCENT FROM 8.8 PERCENT - SEC FILING.ELLIOTT ASSOCIATES-AS OF JAN 30, 2019 ELLIOTT, ELLIOTT INTERNATIONAL,EICA HAVE BENEFICIAL OWNERSHIP OF ABOUT 9.4% OF TELECOM ITALIA'S ORDINARY SHARES.ELLIOTT ASSOCIATES-HAVE INCREASED THEIR BENEFICIAL OWNERSHIP OF TELECOM ITALIA FROM THEIR LAST REPORTED 13D FILING ON APRIL 9, 2018 FROM 8.8% TO 9.4%.  Full Article

Elliott says Vivendi's request on Telecom Italia is latest bid to take control
Monday, 14 Jan 2019 

Jan 14 (Reuters) - Investment company and Telecom Italia shareholder Elliott says::VIVENDI’S REQUEST FOR TELECOM ITALIA BOARD REPLACEMENT REPRESENTS ITS LATEST EFFORT TO TAKE BACK CONTROL OF TELECOM ITALIA AND RUN THE COMPANY FOR ITS OWN BENEFIT.TELECOM ITALIA SHAREHOLDERS SHOULD NOT TURN THE COMPANY BACK OVER TO VIVENDI, SHOULD INSTEAD GIVE NEW INDEPENDENT BOARD AND NEW CEO TIME TO EXECUTE STRATEGY, CREATE VALUE.  Full Article

TIM Board Accepts Request Of Shareholder Vivendi To Call Shareholders' Meeting
Monday, 14 Jan 2019 

Jan 14 (Reuters) - Telecom Italia ::BOARD APPROVES REQUEST OF SHAREHOLDER VIVENDI TO CALL SHAREHOLDERS' MEETING.CONSEQUENT INCLUSION OF TOPICS REQUESTED TO BE DEALT WITH IN COMBINED MEETING TO BE HELD ON 29 MARCH.SHAREHOLDERS' MEETING TO BE HELD ON 29 MARCH IS ALSO CALLED, SIMULTANEOUSLY, TO REVIEW OF FY 2018 FINANCIAL STATEMENTS.'OBVIOUS' NON-AVAILABILITY AT PRESENT OF FY RESULTS REQUIRES TO RESERVE RIGHT TO ADD TOPIC OF DIVIDEND AT LATER DATE.REVIEW OF DRAFT FINANCIAL STATEMENTS HAS BEEN BROUGHT FORWARD FROM 26 FEB TO 21 FEB.  Full Article

Telecom Italia CEO Gubitosi Has Bought 330,000 Shares
Thursday, 27 Dec 2018 

Dec 27 (Reuters) - Telecom Italia SpA ::CEO LUIGI GUBITOSI BOUGHT ON DEC. 21 330,000 SHARES AT THE AVERAGE PRICE OF 0.505 /SHR.  Full Article

Italy regulator launches public consultation on TIM's network separation plan
Wednesday, 19 Dec 2018 

Dec 19 (Reuters) - Italian communications regulator AGCOM says: :LAUNCHES PUBLIC CONSULTATION PROCESS ON TELECOM ITALIA'S PLAN TO LEGALLY SEPARATE ITS NETWORK.HAS UPDATED PRICES FOR NETWORK ACCESS FOR PERIOD 2019-21.  Full Article

Italy's telecoms watchdog concludes TIM's network spin-off analysis
Wednesday, 19 Dec 2018 

Dec 19 (Reuters) - Italy's Communications Authority Chairman Angelo Cardani says::AUTHORITY HAS CONCLUDED ANALYSIS OF NETWORK ACCESS MARKET, INCLUDING POTENTIAL SEPARATION OF TELECOM ITALIA'S NETWORK.  Full Article

TIM And Lg Electronics Sign Strategic Collaboration Agreement For 5G In Italy
Monday, 17 Dec 2018 

Dec 17 (Reuters) - Telecom Italia ::TIM AND LG ELECTRONICS SIGN STRATEGIC COLLABORATION AGREEMENT FOR 5G IN ITALY.PARTNERSHIP AIMS TO ANTICIPATE JOINT LAUNCH OF 5G SERVICES AND TERMINALS IN ITALY.  Full Article

Italy Senate committee approves single broadband company measures
Tuesday, 27 Nov 2018 

Nov 27 (Reuters) - Telecom Italia::ITALIAN SENATE FINANCE COMMITTEE APPROVES MEASURES TO SPUR CREATION OF SINGLE BROADBAND INFRASTRUCTURE COMPANY.COMPANY COULD COMBINE THE NETWORKS OF TELECOM ITALIA AND SMALLER RIVAL OPEN FIBER nL8N1XX4MP.  Full Article

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Italy court dismisses appeals over Vivendi's de-facto control over TIM

ROME An Italian administrative court on Wednesday confirmed a 2017 ruling by market regulator Consob which said French media group Vivendi was at the time exercising "de facto control" over Telecom Italia (TIM).