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Telecom Italia SpA (TLITn.MI)

TLITn.MI on Milan Stock Exchange

0.41EUR
24 May 2019
Change (% chg)

€-0.00 (-0.67%)
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€0.41
Open
€0.42
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€0.42
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€0.41
Volume
17,992,373
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25,573,349
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€0.65
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€0.38

Latest Key Developments (Source: Significant Developments)

Telecom Italia Says Q1 Organic Group EBITDA 1.8 bln euros
Monday, 20 May 2019 

May 20 (Reuters) - Telecom Italia SpA ::Q1 NET DEBT AT EUR 25.1‍​ BILLION AT END-MARCH VERSUS EUR 25.44 BILLION IN COMPANY-PROVIDED CONSENSUS.Q1 REVENUES EUR ‍​4.5 BILLION VERSUS EUR 4.49 BILLION IN COMPANY-PROVIDED CONSENSUS.Q1 ORGANIC GROUP EBITDA EUR 1.8​ BILLION VERSUS EUR 1.79 BILLION IN COMPANY-PROVIDED CONSENSUS.SAYS SEES AFTER LEASE DEBT TARGET 20.5 BILLION EUROS IN 2021 BEFORE NON-ORGANIC OPERATIONS.Q1 DOMESTIC EBITDA EUR 1.447 BILLION.SAYS SEES SYNERGIES FROM PLAN TO SHARE MOBILE NETWORK WITH VODAFONE AT 100-150 MILLION EUROS PER YEAR.  Full Article

Telecom Italia CFO Piergiorgio Peluso Is Planning To Resign From Post - Bloomberg Reporter Tweet
Monday, 6 May 2019 

May 6 (Reuters) - :TELECOM ITALIA CHIEF FINANCIAL OFFICER PIERGIORGIO PELUSO IS PLANNING TO RESIGN FROM POST - BLOOMBERG REPORTER TWEET, CITING SOURCES.TELECOM ITALIA'S PELUSO INTENDS TO ASSUME NEW ROLE OF HEAD OF SPECIAL PROJECTS AT TI AND MAY LEAVE CO AT END OF YEAR - BLOOMBERG REPORTER TWEET.  Full Article

JP Morgan raises potential stake in Telecom Italia to 5.696 pct - filings
Tuesday, 9 Apr 2019 

April 9 (Reuters) - Telecom Italia SpA ::Jp Morgan had potential stake in Telecom Italia of 5.696 percent as of April 2 from previous 4.858 percent voting rights 1.197 percent - market regulator Consob filings.  Full Article

Fitch cuts Telecom Italia's debt rating to 'BB+'
Monday, 8 Apr 2019 

April 8 (Reuters) - Telecom Italia::FITCH DOWNGRADES RATING TO 'BB+' OUTLOOK STABLE.FITCH SAYS DOWNGRADE REFLECTS BREACH OF OUR FUNDS FROM OPERATIONS (FFO)-ADJUSTED NET LEVERAGE THRESHOLD FOR A 'BBB-' RATING.BREACH PRIMARILY DRIVEN BY SPECTRUM COSTS AND LOWER-THAN-EXPECTED FREE CASH FLOW GENERATION.TELECOM ITALIA'S FUNDS FROM OPERATIONS IN 2018 AROUND 10 PERCENT LOWER THAN EXPECTED.COMPETITIVE PRESSURES ON EBITDA, RESTRUCTURING COSTS AND NEGATIVE WORKING CAPITAL REQUIREMENTS LIKELY TO CONSTRAIN TELECOM ITALIA'S DELEVERAGING CAPACITY IN NEXT 2-3 YRS.  Full Article

Elliott Welcomes Vivendi's Withdrawal Of Request To Revoke Five Of Telecom Italia's Directors
Friday, 29 Mar 2019 

March 29 (Reuters) - Elliott Advisors (UK) Limited::ELLIOTT STATEMENT ON TELECOM ITALIA.WELCOMES VIVENDI'S DECISION TO WITHDRAW REQUEST TO SHAREHOLDERS TO REVOKE 5 OF TELECOM ITALIA'S DIRECTORS.SAYS REMAINS FULLY SUPPORTIVE OF TELECOM ITALIA CEO LUIGI GUBITOSI, CO'S MANAGEMENT TEAM AND EXISTING INDEPENDENT BOARD.LOOKS FORWARD TO "CONSTRUCTIVE DIALOGUE" WITH ALL STAKEHOLDERS TO PURSUE A "VALUE MAXIMISING PATH FORWARD" FOR TELECOM ITALIA.  Full Article

JP Morgan held 4.858 pct potential stake in T. Italia as of March 13 - filing
Wednesday, 20 Mar 2019 

March 20 (Reuters) - Telecom Italia::JP MORGAN HELD 4.858 PERCENT STAKE IN TELECOM ITALIA AS OF MARCH 13, WITH VOTING RIGHTS FOR 0.381 PERCENT - FILING.  Full Article

Cassa Depositi E Prestiti S.P.A. Reports 8.7 Percent Stake In Telecom Italia
Saturday, 9 Mar 2019 

March 8 (Reuters) - Telecom Italia SpA ::CASSA DEPOSITI E PRESTITI S.P.A. REPORTS 8.7 PERCENT STAKE IN TELECOM ITALIA AS OF MARCH 7, 2019 - SEC FILING.CASSA DEPOSITI E PRESTITI S.P.A. - HAD PREVIOUSLY REPORTED 7.1 PERCENT STAKE IN TELECOM ITALIA AS OF FEBRUARY 18, 2019.  Full Article

Telecom Italia FY Organic EBITDA 8.1 Bln Euros
Friday, 22 Feb 2019 

Feb 21 (Reuters) - Telecom Italia says::FY ORGANIC EBITDA 8.1 BILLION EUROS.FY REPORTED EBITDA 7.7 BILLION EUROS.ORGANIC REVENUES 19.2 BILLION EUROS VERSUS 19.156 BILLION EUROS ANALYST CONSENSUS PROVIDED BY COMPANY.NET FINANCIAL DEBT AT 25.3 BILLION EUROS AT END-DEC.PROPOSES PAYING DIVIDEND ON SAVING SHARES OF 2.75 EURO CENTS.FY DOMESTIC EBITDA 6.2 BILLION EUROS.  Full Article

Vodafone Italy & TIM Sign Network Sharing Partnership
Thursday, 21 Feb 2019 

Feb 21 (Reuters) - Vodafone Group PLC ::VODAFONE GROUP PLC - VODAFONE ITALY & TIM INTENTION TO SHARE NETWORKS.VODAFONE- INTEND TO ENTER INTO ACTIVE NETWORK SHARING PARTNERSHIP FOR 5G WITH TELECOM ITALIA.VODAFONE GROUP PLC - PARTIES INTEND TO EVALUATE COMBINATION OF THEIR 22,000 PASSIVE TOWERS IN ITALY INTO A SINGLE ENTITY.VODAFONE- TO CONSIDER ACTIVE SHARING FOR 4G, EXPAND EXISTING PASSIVE SHARING AGREEMENT WITH TELECOM ITALIA TO ENABLE FASTER DEPLOYMENT OF 5G.VODAFONE GROUP PLC - VODAFONE AND TIM AIM TO CONCLUDE ONE OR MORE OF INITIATIVES DURING 2019.VODAFONE - PARTIES INTEND TO EXTEND EXISTING PASSIVE SHARING AGREEMENT, FROM ABOUT 10,000 SITES AS OF FEB. 21, TO A NATIONWIDE AGREEMENT.VODAFONE- PARTIES CONSOLIDATING ITALY PASSIVE TOWERS POTENTIALLY COMBINING CO'S PASSIVE TOWER INFRASTRUCTURE WITH INFRASTRUCTURE OF INWIT SPA.VODAFONE GROUP PLC - POTENTIAL BUSINESS COMBINATION IS INTENDED TO LEAVE BOTH PARTIES WITH EQUAL SHAREHOLDINGS AND GOVERNANCE RIGHTS IN INWIT SPA.VODAFONE - POTENTIAL BUSINESS COMBINATION IS INTENDED TO ENSURE THAT THERE IS NO OBLIGATION FOR PARTIES TO LAUNCH A TENDER OFFER FOR INWIT'S SHARES.  Full Article

Italy's state lender ups Telecom Italia stake to 5.03 pct - filing
Wednesday, 20 Feb 2019 

Feb 20 (Reuters) - Italy's market regulator Consob says::ITALIAN STATE LENDER CDP HELD 5.03 PERCENT STAKE IN TELECOM ITALIA AS OF FEB 18.  Full Article

Telecom Italia SpA News

Italy's CDP may sell Open Fiber stake to TIM to form single network - report

MILAN Italy's Cassa Depositi e Prestiti (CDP) is considering selling its stake in broadband operator Open Fiber to Telecom Italia (TIM), which would issue the state-owned lender with shares in return for the holding, Il Messaggero reported.

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