TIIAY Telecom Italia S.p.A. Sponsored ADR
- 2.590
- +0.063+2.49%
Telecom Italia S.p.A. Sponsored ADR News
Telecom Italia CEO Expects EUR5 Billion in Further Benefits From New Business Plan
Telecom Italia (TIT.MI) Chief Executive Officer Pietro Labriola anticipates nearly 5 billion euros in potential additional benefits from the group's new business plan, Italian daily Il Messaggero repo
Telecom Italia Raises Note Exchange Offers to EUR5.5 Billion Amid Strong Demand
Telecom Italia (TIT.MI) increased the total nominal value of its note exchange offers to 5.54 billion euros from 5 billion euros due to higher-than-expected market demand. The Italian telecommunicatio
Telecom Italia Confirms Labriola as CEO
By Mauro Orru Telecom Italia confirmed Pietro Labriola as chief executive officer and appointed Alberta Figari as chairwoman. The Italian telecommunication company said its board of directors made t
Telecom Italia Renews Board Despite Vivendi Disagreement -- Update
By Mauro Orru Telecom Italia shareholders voted to renew the company's board of directors with the slate put forward by the outgoing board, a day after Vivendi said it would abstain from voting due t
Vivendi to Abstain From Telecom Italia's Board Renewal Vote As Disagreements Mount -- Update
By Mauro Orru France's Vivendi said it would abstain from voting on Telecom Italia's board of directors renewal as it doesn't support the slate put forward by the outgoing board, adding to a growing
Market Chatter: KKR Notifies EU Competition Watchdog of Telecom Italia Network Deal
KKR (KKR) notified the European Union competition body regarding the purchase of Telecom Italia's (TI, TI.A) landline network, Bloomberg reported Friday, citing a statement from Telecom Italia. (Marke
Market Chatter: Italian Railway Chief Said Considered for KKR's Telecommunications Grid Business From Telecom Italia
The chief executive officer of Italian state-owned railway company Ferrovie dello Stato, Luigi Ferraris, is reportedly being considered to head the telecommunications grid business that KKR is acquiri
Telecom Italia to Recover EUR1 Billion State Funds Linked to Undue Licensing Fees
Telecom Italia (TIT.MI) is set to initiate procedures to recover nearly 1 billion euros of funds from the Italian government, which was ordered by a local appeals court to repay certain undue licensin
Telecom Italia Expects Around $1 Billion From Italy After License Fee Court Ruling
By Helena Smolak Telecom Italia said it expects Italy to reimburse it around 1 billion euros ($1.08 billion) after a court ruled in its favor in a license fee dispute dating back to 1998. The Italia
Telecom Italia Shareholders Propose Alternative Candidates for Board Renewal
By Adria Calatayud Telecom Italia said some shareholders proposed alternatives to the slate of candidates for its board presented by its departing directors. The Italian telecommunications company s
Telecom Italia Minority Investor Proposes New CEO, Chairman Candidates
Telecom Italia (TIT.MI) minority shareholder Merlyn Partners plans to nominate former company executive Stefano Siragusa as chief executive officer and former Microsoft (MSF.F) executive Umberto Paolu
Market Chatter: Telecom Italia Shareholder Merlyn Calls for Sale of Brazilian Unit
Telecom Italia (TIT.MI) shareholder Merlyn Partners called on the company to sell its Brazilian unit in 2024 as part of a restructuring process, Reuters reported Wednesday. A source with knowledge of
Market Chatter: Telecom Italia's Minority Investor Considers Own List of Board Member Candidates
Telecom Italia (TIT.MI) shareholder Merlyn Partners is working on an alternative list of candidates for the company's board to be presented at the annual meeting on April 23, Bloomberg News reported T
Market Chatter: Telecom Italia Plans Potential EUR1 Billion Sales to Cut Debt, Pay Shareholders
Telecom Italia (TIT.MI) could potentially sell assets worth 1 billion euros to tackle its large debt or make shareholder payouts, Bloomberg News reported Monday, citing people familiar with the matter
Telecom Italia Aims for Earnings, Revenue Growth, Lower Debt Through 2026
Telecom Italia said it aims to deliver growth in earnings and revenue over the next three years as well as a reduction in net debt, helped by a planned sale of its fixed-network assets.
Earnings Call Summary | Telecom Italia S.p.A. Sponsored ADR(TIIAY.US) Q4 2023 Earnings Conference
The following is a summary of the Telecom Italia S.p.A. (TIIAY) Q4 2023 Earnings Call Transcript:Financial Performance:Telecom Italia reported 2023 Group service revenue growth of 2.3% year-on-year an
Telecom Italia S.p.A. Reports Q4 Results
Telecom Italia Gets Government Offer for Subsea Cables Unit Sparkle
Telecom Italia (TIT.MI) received an offer from Italy's Ministry of Economy and Finance for the acquisition of its subsea cable unit Sparkle, according to a Wednesday release. The telecoms company's bo
EU Regulator Approves up to €1.2B State Aid for Cloud Computing Project
Telecom Italia's Network Sale Not a Done Deal Yet -- Market Talk
Telecom Italia has now received a binding offer from KKR for its fixed-network assets, which expires on Nov. 8 but could be extended until Dec. 20, and the sale of its Sparkle submarine cable unit will likely be delayed, Deutsche Bank Research analysts write. The Italian telecommunications company's board is now expected to review the offer and then decide whether there will be a shareholder vote on the deal, DB Research says. "We also wait to see how Vivendi--owns 24% of TI--responds, as it has so far been against the NetCo deal," DB Research says. Telecom Italia shares fall 6.3%.
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