Milan - Delayed Quote ? EUR Telecom Italia S.p.A. (TITR.MI) Follow Compare 0.2766 -0.0014 (-0.50%) At close: November 15 at 5:35 PM GMT+1 All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Telecom Italia CEO Says He’s Committed to Role, Won’t Resign (Bloomberg) -- Telecom Italia SpA Chief Executive Officer Pietro Labriola said he is committed to seeing through the phone carrier’s turnaround plan after he slashed its debt load in a landmark deal to sell its network this year.Most Read from BloombergKey Ballot Initiatives and Local Races Highlight Views on Abortion, ImmigrationParis Restricts Through Traffic in City CenterThe Leaf Blowers Will Not Go QuietlyFrom Housing to Immigration, Key Ballot Initiatives and Local Races to Follow“My team Bloomberg ? 11 days ago TITR.MI -0.50% Telecom Italia S.p.A. (TIIAY): Significant Net Debt Reduction Boosts Credit Profile We recently published a list of 10 Best Italian Stocks To Buy Now. In this article, we are going to take a look at where Telecom Italia S.p.A. (OTC:TIIAY) stands against the other best Italian stocks to buy now. Italy’s economy has shown remarkable resilience in the face of recent crises, but its growth is […] Insider Monkey ? last month TITR.MI -0.50% Telecom Italia shares up on potential Vivendi stake sale Shares of Telecom Italia (ETR:TLIT) jumped on Monday following a report from Corriere della Sera that a consortium of investors is considering the acquisition of Vivendi (OTC:VIVHY)'s stake in the Italian telecom giant. At 6:52 am (1052 GMT), Telecom Italia was trading 2.8% higher. The consortium reportedly includes Andrea Pezzi, a former Vivendi consultant in Italy, and Claudio Costamagna, the former president of state lender Cassa Depositi e Prestiti. Investing.com ? 2 months ago TITR.MI -0.50% VIVHY Telecom Italia sells INWIT stake to Ardian for €250m An agreement has been reached with Ardian and Daphne 3 to sell the residual stake in INWIT. Verdict ? 3 months ago TITR.MI -0.50% INW.MI Brazil's TIM may benefit from Telecom Italia's network sale The chief executive of TIM Brasil, Alberto Griselli, said on Thursday that its parent company Telecom Italia's agreement to sell its physical network could provide an additional boost for its business in Brazil. "Brazil is the group's priority; the crown jewel,"?he told Reuters on the outskirts of an innovation and technology event in Rio de Janeiro. Reuters ? 5 months ago TITR.MI -0.50% KKR wins EU nod for $24 billion Telecom Italia fixed-line network deal BRUSSELS/MILAN (Reuters) -U.S. investment firm KKR secured unconditional EU antitrust approval on Thursday for its up to 22-billion-euro ($24 billion) acquisition of Telecom Italia's (TIM) fixed-line network. The European Commission's announcement confirmed a Reuters' story last week. "The Commission investigated the impact of the transaction on the market for wholesale broadband access services in Italy and concluded that it would not significantly reduce the level of competition," the EU executive, which also acts as the EU antitrust watchdog, said in a statement. Reuters ? 5 months ago TITR.MI -0.50% Update: Market Chatter: KKR Reportedly Expected to Receive Unconditional EU Antitrust Approval for Telecom Italia Deal Update: Market Chatter: KKR Reportedly Expected to Receive Unconditional EU Antitrust Approval for Telecom Italia Deal PREMIUM MT Newswires ? 5 months ago KKR TITR.MI -0.50% Stocks to watch this week: Salesforce, Pets at Home, Abercrombie & Fitch and Dr Martens Earnings preview of key companies reporting this week and what to look out for. Yahoo Finance UK ? 5 months ago DG LNSPF ^DJI Sector Update: Financial Stocks Advance Pre-Bell Friday Sector Update: Financial Stocks Advance Pre-Bell Friday PREMIUM MT Newswires ? 5 months ago C GSC TITR.MI -0.50% Market Chatter: KKR Reportedly Expected to Receive Unconditional EU Antitrust Approval for Telecom Italia Deal Market Chatter: KKR Reportedly Expected to Receive Unconditional EU Antitrust Approval for Telecom Italia Deal PREMIUM MT Newswires ? 5 months ago TITR.MI -0.50% KKR Exclusive-KKR set for unconditional EU antitrust okay for Telecom Italia deal, sources say BRUSSELS/MILAN (Reuters) -U.S. investment firm KKR is expected to get unconditional EU antitrust approval to buy Telecom Italia's (TIM) fixed-line network after agreeing to keep commercial agreements with TIM rivals, people with direct knowledge of the matter said. KKR did not offer remedies on Thursday, the deadline for doing so, according to an update on the European Commission's website on Friday. KKR declined to comment. Reuters ? 5 months ago TITR.MI -0.50% KKR remedies on Telecom Italia deal expected next week, source says U.S. investment firm KKR will likely offer remedies next week in an attempt to secure EU antitrust approval to buy Telecom Italia's (TIM) fixed-line access network, a person familiar with the matter said on Wednesday. KKR wants to acquire TIM's domestic network for up to 22 billion euros ($23.87 billion), making the Italian telecoms group the first in a major European country to divest its landline grid. The European Commission is now examining the deal, with a decision due by May 30. Reuters ? 5 months ago TITR.MI -0.50% REFILE-KKR remedies on Telecom Italia deal expected next week, source says U.S. investment firm KKR will likely offer remedies next week in an attempt to secure EU antitrust approval to buy Telecom Italia's (TIM) fixed-line access network, a person familiar with the matter said on Wednesday. KKR wants to acquire TIM's domestic network for up to 22 billion euros ($23.87 billion), making the Italian telecoms group the first in a major European country to divest its landline grid. The European Commission is now examining the deal, with a decision due by May 30. Reuters ? 5 months ago TITR.MI -0.50% Market Chatter: KKR Planning Remedies to Get Early European Commission Approval for Telecom Italia Landline Grid Purchase Market Chatter: KKR Planning Remedies to Get Early European Commission Approval for Telecom Italia Landline Grid Purchase PREMIUM MT Newswires ? 5 months ago TITR.MI -0.50% KKR Readies EU Remedies for €22 Billion Telecom Italia Deal (Bloomberg) -- KKR & Co. is poised to offer a package of commitments aimed at winning an early European Union approval for its €22 billion ($23.8 billion) bid for Telecom Italia SpA’s land-line network.Most Read from BloombergIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteSpeedier Wall Street Trades Are Putting Global Finance On EdgeJamie Dimon Says Succession at JPMorgan Is ‘Well on the Way’One of the Last Big Bears on Wall Street Turns Bullish on US StocksHims Debuts $199 Weight- Bloomberg ? 5 months ago KKR TITR.MI -0.50% TIM CEO sees potential benefits of almost 5 bln euros from new business plan - paper The CEO of Telecom Italia (TIM) said in an interview on Thursday he sees potential additional benefits of almost 5 billion euros ($5.37 billion) from a new business plan, adding they could in part be used for dividends and actions to accelerate growth. Speaking to Italian daily Il Messaggero, Pietro Labriola also said there were several possible outcomes for ongoing talks for the sale of TIM's Sparkle unit, which could be concluded shortly. Labriola said he believes there is no reason to believe that Telecom Italia's plan to sell its fixed network grid to U.S. fund KKR - the centerpiece of his business strategy - will not be closed in the foreseen timeframe. Reuters ? 6 months ago TITR.MI -0.50% Exclusive-EU concerned about KKR, Telecom Italia deal impact on wholesale competition, sources say European Union antitrust regulators are asking rivals and customers whether proposed acquisition of Telecom Italia's (TIM) fixed-line access network by U.S. investment firm KKR could hamper Italy's wholesale market, people familiar with the matter said on Tuesday. Such regulatory worries could lead to a lengthy investigation of the deal and put pressure on KKR to offer significant remedies. KKR is buying TIM's domestic network for up to 22 billion euros ($23.5 billion) in a deal that would make the Italian telecoms group the first in a major European country to divest its landline grid. Reuters ? 6 months ago TITR.MI -0.50% UPDATE 1-Healthcare, tech stocks boost STOXX 600 to one-week high European stocks scaled to their highest levels in more than a week on Tuesday, driven by the healthcare and technology sector, as investors found comfort in upbeat corporate earnings, while the UK's FTSE 100 Index climbed to hit an all-time peak. The pan-European STOXX 600 index was up 0.6%, as of 0838 GMT, boosted by a nearly 0.9% jump in healthcare stocks . Reuters ? 6 months ago ^FTSE TITR.MI -0.50% NVS UPDATE 2-Telecom Italia boss on course for second term as Vivendi abstains Telecom Italia (TIM) boss Pietro Labriola appeared set to secure a second term after leading investor Vivendi decided to abstain in a shareholder vote on the renewal of the former phone monopoly's board. With its 24% slate, Vivendi was the main hurdle to a reappointment of the current CEO, who wants to press ahead with a revamp centred on a planned sale of TIM's fixed-line access network to U.S. fund KKR. The French media group, a TIM investor since 2015, made clear its frustration with the way the company has been run and repeated its opposition to the KKR deal but stopped short of backing an alternative candidate for CEO. Reuters ? 6 months ago VIVHY TITR.MI -0.50% UPDATE 1-Telecom Italia's grid sale to KKR faces May 30 EU antitrust deadline U.S. investment company KKR's proposed buyout of Telecom Italia's (TIM) fixed-line access network will be decided by EU antitrust regulators by May 30, according to a European Commission filing on Friday. The former phone monopoly said earlier on Friday that KKR had sought approval from the EU competition enforcer for the proposed deal. The Commission can clear the deal with or without remedies during its preliminary review or it can open a four-month long investigation after the initial scrutiny if it has serious concerns. Reuters ? 6 months ago TITR.MI -0.50% Performance Overview Trailing total returns as of 11/15/2024, which may include dividends or other distributions. Benchmark is FTSE MIB Index Return TITR.MI FTSE MIB Index YTD -8.68% +12.65% 1-Year +3.67% +16.52% 3-Year -15.98% +23.29%
