TIAJF - Telecom Italia S.p.A.

Other OTC - Other OTC Delayed Price. Currency in USD
0.4750
0.0000 (0.00%)
As of 1:30PM EST. Market open.
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Previous Close0.4750
Open0.0000
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range0.4750 - 0.4750
52 Week Range0.4300 - 0.9100
Volume0
Avg. Volume21,234
Market Cap12.453B
Beta (3Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
  • Billionaires' Sniping Reveals a Semi-Deserving Winner
    Bloomberg9 hours ago

    Billionaires' Sniping Reveals a Semi-Deserving Winner

    Come the annual general meeting on March 29, they will need to back either the slate of directors proposed by Vivendi SA, the biggest shareholder, or the incumbents supported by activist Elliott Management Corp. Elliott, run by Paul Singer, is in favor of the latter. This dovetails with the government’s desire to create a single national fiber network by merging the division with Open Fiber SpA, a joint venture between Cassa Depositi e Prestiti SpA and utility Enel SpA.

  • Reuters4 days ago

    Telecom Italia says board fully backs chairman

    Telecom Italia's board on Thursday backed Chairman Fulvio Conti, who is embroiled in a row with the company's top investor, French media group Vivendi. Conti had been accused by Vivendi of violating corporate and governance rules by siding with rival investor and activist fund Elliott. A board meeting was held on Thursday to respond to a report by TIM's auditors, which found irregularities in the way information was shared with the company's board members in the run-up to the ousting of former Chief Executive Amos Genish.

  • Telecom Italia's board did not debate chairman's future - source
    Reuters4 days ago

    Telecom Italia's board did not debate chairman's future - source

    ROME (Reuters) - A board meeting at Telecom Italia (TIM) on Thursday did not discuss the fate of Chairman Fulvio Conti, a source with knowledge of the matter said. Conti has been accused by TIM's top shareholder ...

  • Financial Times5 days ago

    [$$] Proxy advisor comes out against Vivendi’s Telecom Italia proposals

    Frontis Governance, the Italian proxy advisory firm, has recommended that Telecom Italia shareholders vote against the proposals of Vivendi at a meeting at the end of the month as the battle for control of the telecoms company continues to rage. Vivendi is Telecom Italia’s largest shareholder with almost 24 per cent of the shares but lost control of the board last year after shareholders backed the nominations by Elliott, the US hedge fund, which had built a stake. Vivendi has since moved to oust five members of the Telecom Italia board after accusing them of a “lack of independence”.

  • Reuters7 days ago

    Vivendi responds to Elliott appeal to Telecom Italia investors

    French media conglomerate Vivendi responded on Monday to an appeal by Elliott to Telecom Italia (TIM) shareholders, saying the activist investor was not working for the benefit of all shareholders, but only for itself. Vivendi said in a statement that it saw itself as a long-term investor in TIM, and had no other intention other to put in place a neutral board. Earlier on Monday Elliott urged investors in Telecom Italia (TIM) to back its plans for the Italian group rather than those of Vivendi at a vote in March, in the latest salvo in the activist fund's row with the French media conglomerate.

  • The Wall Street Journal14 days ago

    [$$] How Activists Buy Two Votes With One Share

    , the U.K. bank, New York-based Sherborne Investors is campaigning for a board seat and an overhaul of the business. This doesn’t sit well with some long-term owners of the bank because Sherborne is pushing Barclays to dramatically restructure its global investment bank. It doesn’t help that Barclays stock is down roughly a fifth since Sherborne first got involved.

  • Reuters19 days ago

    Telecom Italia reaches deal with union on 4,300 job cuts - source

    MILAN (Reuters) - Telecom Italia has reached a deal with the trade union on 4,300 job cuts, a source familiar with the matter said on Wednesday. (Reporting by Alberto Sisto, writing by Stephen Jewkes)

  • Vivendi Raises Pressure for Shake-Up of Telecom Italia Board
    Bloomberg21 days ago

    Vivendi Raises Pressure for Shake-Up of Telecom Italia Board

    In a 48-page document that outlines concerns with five directors backed by Elliott Management Corp., Telecom Italia’s largest shareholder reiterated calls to replace them with candidates proposed by the French media company. “Vivendi believes that only such a board will have the credibility and trust of all shareholders to objectively analyze any industrial strategic options, including those for Telecom Italia’s fixed network,” it said. Vivendi and the U.S. activist investor Elliott have been battling over the future of the former phone monopoly for almost a year.

  • Vivendi backs Telecom Italia, Open Fiber network merger under right conditions
    Reuters22 days ago

    Vivendi backs Telecom Italia, Open Fiber network merger under right conditions

    Telecom Italia's (TIM) main shareholder Vivendi said on Sunday it would back a merger of the fixed-line networks of TIM and rival Open Fiber if conditions were right, while renewing its attack on U.S. activist fund Elliott. Elliott, which owns just under 10 percent of TIM, is locked in a battle with Vivendi over how to re-launch the debt-laden firm after last year wresting control of its board from the French media giant. In a series of slides, Vivendi said TIM's fixed network was core to value creation, adding it would support a merger of Open Fiber with TIM if conditions were right from an operational, financial and regulatory standpoint and overseen by an independent board.

  • The Wall Street Journal24 days ago

    [$$] Telecom Italia Posts Sharp Loss

    Telecom Italia said it would keep its dividend stable, despite reporting a 2018 loss, hit by billions of euros in one-off charges.

  • Reuters25 days ago

    Telecom Italia to grow core profits from 2020, to explore all options on network

    Telecom Italia (TIM) on Thursday pledged to accelerate cost cutting, increase shareholder returns, cut debt and grow core profits from next year in the first three-year strategy plan under new Chief Executive Luigi Gubitosi. TIM has been caught in a battle since early last year between top shareholders Vivendi and activist fund Elliott over how to revive Italy's biggest phone group, an underperforming business saddled with more than 25 billion euros (22 billion pounds) of debt. Setting its plan for 2019-21, TIM sought to convince investors it can reverse years of sluggish share price performance and cope with new rivals that are appearing in both broadband and mobile: broadband group Open Fibre is rolling out a rival fibre optic network, while French telecoms group Iliad has launched a low-price mobile offer for Italy.

  • The Wall Street Journal25 days ago

    [$$] Vodafone Italia, Tim Sign MoU on Network Sharing

    Vodafone Group’s Italian subsidiary and Telecom Italia have signed a memorandum of understanding to enter a network partnership, the companies said late Thursday.

  • Reuters25 days ago

    Telecom Italia, Vodafone agree network deal to speed up 5G deployment

    Telecom Italia and Vodafone said on Thursday they plan to enter into a new infrastructure sharing partnership to enable faster deployment of fifth-generation mobile phone services over a wider geographic area and at a lower cost. In addition, they also plan to evaluate combining their 22,000 telecom towers in Italy into a single entity, potentially merging Vodafone's tower infrastructure with that of INWIT, the masts group 60-percent owned by Telecom Italia.

  • Reuters26 days ago

    U.S. ambassador to Italy held meeting with TIM's boss - embassy

    The United States' ambassador to Italy, Lewis Eisenberg, met Telecom Italia (TIM)'s CEO Luigi Gubitosi on Wednesday, the U.S. embassy said. The U.S embassy and Telecom Italia declined to comment when asked if the visit was related to U.S. demands that its European allies do not use technology supplied by China's Huawei International.

  • U.S. ambassador to Italy held meeting with TIM's boss: embassy
    Reuters26 days ago

    U.S. ambassador to Italy held meeting with TIM's boss: embassy

    The United States' ambassador to Italy, Lewis Eisenberg, met Telecom Italia (TIM)'s CEO Luigi Gubitosi on Wednesday, the U.S. embassy said. The U.S embassy and Telecom Italia declined to comment when asked if the visit was related to U.S. demands that its European allies do not use technology supplied by China's Huawei International.

  • Reuters26 days ago

    U.S. ambassador to Italy visits Telecom Italia headquarters

    The U.S. ambassador to Italy, Lewis Eisenberg, visited the Rome headquarters of Italian phone group Telecom Italia on Wednesday, a Reuters witness said. The U.S embassy and Telecom Italia declined to comment when asked if the visit was related to U.S. demands that its European allies do not use technology supplied by China's Huawei International. Huawei, the world's biggest producer of telecoms equipment, faces international scrutiny over its ties with the Chinese government and suspicion Beijing could use its technology for spying -- something the company has denied.

  • Reuters27 days ago

    Italy state lender raises stake in Telecom Italia to over 5 percent - source

    Italian state lender Cassa Depositi e Prestiti has raised its stake in Telecom Italia to just above 5 percent, a source close to the matter said on Tuesday. The source said the purchase of further Telecom Italia (TIM) shares depended on the phone group's new business plan. On Thursday CDP, which has a stake in TIM of just under 5 percent, said its board had approved the purchase of additional shares but gave no further details.

  • What Type Of Shareholder Owns Telecom Italia S.p.A.’s (BIT:TIT)?
    Simply Wall St.last month

    What Type Of Shareholder Owns Telecom Italia S.p.A.’s (BIT:TIT)?

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! The big shareholder groups in Telecom ItaliaRead More...

  • The Wall Street Journallast month

    [$$] Vivendi 2018 Net Profit Plunged on Telecom Italia Writedown

    SpA (TIT.MI), in which Vivendi is a major shareholder. It blamed the drop on the EUR1.07 billion writedown of the value of the Telecom Italia shares. Vivendi’s most profitable subsidiary Universal Music Group revenue increased 10% to EUR6.02 billion, at constant currency and perimeter, while Canal+ Group revenue was stable at EUR5.17 billion.

  • Reuterslast month

    BT pressured to cut price to sell troubled Italian business - sources

    LONDON/MILAN (Reuters) - BT Group may have to cut the price tag of its troubled Italian arm as bidders are mainly interested in parts of the business rather than the whole division, which suffered an accounting scandal in 2017, sources told Reuters. Four bidders, including Telecom Italia (TIM) and telecom services provider Retelit, have been shortlisted to carry out due diligence on the business, two years after the accounting problems forced BT to take a 530 million pound write-down.

  • Reuterslast month

    Telecom Italia auditors unable to convene shareholder meeting requested by Vivendi

    Telecom Italia auditors are unable to meet a request by leading investor Vivendi for them to call a shareholder meeting this month to replace five board members, they said on Monday. TIM has been caught up in a battle between Vivendi and U.S. activist fund Elliott since early last year over how to revive Italy's biggest phone company. Elliott, which owns 9.4 percent of TIM, wrested control from Vivendi in May by appointing two thirds of the board after accusing the French investor of serving only its own interests.