Telecom Italia SpA (TLIT.MI)
Tue, Jun 12 2018
ROME An accord Telecom Italia signed with trade unions Monday night will achieve savings equivalent to 4,500 layoffs through so-called 'solidarity' measures, a source familiar with the matter said on Tuesday.
ROME, June 12 An accord Telecom Italia signed with trade unions Monday night will achieve savings equivalent to 4,500 layoffs through so-called 'solidarity' measures, a source familiar with the matter said on Tuesday.
ROME, June 7 The progressive drop in wholesale access prices threatens the sustainability of Telecom Italia's soon-to-be separated network company (NetCo), the phone group's Chief Executive Amos Genish said on Thursday.
MILAN An Italian court has suspended a 74.3 million euro ($88 million)fine imposed on Telecom Italia for failing to notify the government its main shareholder Vivendi had effective control.
* Rules out selling Vivendi's Telecom Italia stake at a loss (Adds background, details)
* New clashes over Telecom Italia also looming (adds brokers comments, details)
MILAN, May 18 Telecom Italia (TIM) shares fell on Friday after Berenberg downgraded Italy's biggest phone group to "sell" from "hold", citing pressure from pending new competition, political headwinds and governance issues.
* Q1 group revenue up 3.3 pct (Recasts story, adds background, details)
MILAN Telecom Italia (TIM) Chief Executive Amos Genish feels he has the full support of the board to push ahead with his three-year strategy plan and proposals put forward by activist fund Elliott are not being discussed, he said on Thursday.
* CEO has open mind on potential network IPO, won't lose control (Recasts after conference call, adds details, comments throughout, updates shares)
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