TIAJF - Telecom Italia S.p.A.

Other OTC - Other OTC Delayed Price. Currency in USD
0.4579
-0.0421 (-8.42%)
At close: 11:13AM EST
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Previous Close0.5000
Open0.4421
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range0.4421 - 0.4579
52 Week Range0.4421 - 0.9100
Volume85,273
Avg. Volume11,366
Market Cap10.269B
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
  • Telecom Italia CEO Revives Potential Open Fiber Deal
    Bloomberg6 hours ago

    Telecom Italia CEO Revives Potential Open Fiber Deal

    Gubitosi plans to hire advisers to study ideas including a network-sharing deal or merger with smaller rival Open Fiber, according to people familiar with the matter, who asked not to be identified as the considerations are private. Representatives for Telecom Italia and Open Fiber declined to comment. Open Fiber, a joint venture between utility Enel SpA and state lender Cassa Depositi e Prestiti, competes with Telecom Italia in selling wholesale broadband connections to communication providers.

  • Reuters8 hours ago

    Telecom Italia CEO seems to think separating network is not easy: Vivendi

    MILAN (Reuters) - Telecom Italia's main shareholder Vivendi notes that the phone group's chief executive seems to view separation of its fixed line network as not that easy, a Vivendi spokesman said on ...

  • A Look at Valuations for Top European and Asian Markets
    GuruFocus.comyesterday

    A Look at Valuations for Top European and Asian Markets

    European and Asian markets take center stage while US celebrates MLK Day

  • Elliott Has a Rocky Path to Telecom Italia Victory
    Bloomberg2 days ago

    Elliott Has a Rocky Path to Telecom Italia Victory

    The communications regulator said the plan, proposed by then-CEO Amos Genish last year, to separate the landline network legally  didn’t go far enough to justify giving the firm an easier ride when it comes to issues like pricing. Since it built up a shareholding in the carrier almost a year ago, Elliott has been pushing for the sale of a majority stake in the network, with the expectation that at least some of the proceeds are returned to shareholders. The American firm then succeeded in getting investors to elect a board controlled by directors it nominated, who in turn pushed out Genish in December in favor of former banker Luigi Gubitosi.

  • Reuters2 days ago

    Elliott calls on Telecom Italia to press ahead with full network split

    Activist investor Elliott urged Telecom Italia's (TLIT.MI) board to spin-off its fixed-line network, after Italy's telecoms regulator gave an initial thumbs-down to a Vivendi plan to create a wholly-owned subsidiary instead. AGCOM said on Sunday that the proposal drawn up by former Chief Executive Amos Genish, appointed when French media group Vivendi (VIV.PA) controlled Telecom Italia's (TIM) board, would not reduce the power TIM has got over the market. Elliott and Vivendi are locked in a battle over how to relaunch the debt-laden former Italian telecoms monopoly after the U.S. fund last year managed to wrestle control of TIM's board away from top shareholder Vivendi.

  • Telecom Italia Network Spinoff Plan Spurned by Regulator
    Bloomberg2 days ago

    Telecom Italia Network Spinoff Plan Spurned by Regulator

    Separating the network while retaining majority control would let the Milan-based company continue to enjoy “a significant competitive advantage” nationwide, except in Milan, regulator Agcom said in a document posted on its website over the weekend. Former Chief Executive Officer Amos Genish made the proposal last year as a compromise to avoid relinquishing full control of the network while answering demands from regulators and politicians for a more level competitive playing field. Since then, Genish has been removed by allies of U.S. activist investor Elliott Management Corp., which is calling for Telecom Italia to spin off the network and sell a majority stake, as part of a deeper structural overhaul of the Milan-based company.

  • Telecom Italia Network Spinoff Plan Spurned by Regulator
    Bloomberg2 days ago

    Telecom Italia Network Spinoff Plan Spurned by Regulator

    Separating the network while retaining majority control would let the Milan-based company continue to enjoy “a significant competitive advantage” nationwide, except in Milan, regulator Agcom said in a document posted on its website over the weekend. Former Chief Executive Officer Amos Genish made the proposal last year as a compromise to avoid relinquishing full control of the network while answering demands from regulators and politicians for a more level competitive playing field. Since then, Genish has been removed by allies of U.S. activist investor Elliott Management Corp., which is calling for Telecom Italia to spin off the network and sell a majority stake, as part of a deeper structural overhaul of the Milan-based company.

  • Italy regulator gives TIM's network separation plan thumbs down
    Reuters2 days ago

    Italy regulator gives TIM's network separation plan thumbs down

    Telecom Italia (TIM) (TLIT.MI) has suffered a setback in its plan to assuage pressures for a separation of its prized network assets by placing them into a wholly owned subsidiary, as the industry regulator said it was opposed to the proposal. TIM has been under pressure for years from Italian politicians, regulators and rivals to separate and upgrade its network, which analysts have valued at up to 15 billion euros (13.2 billion pounds). Before being ousted in November former TIM chief Amos Genish set out a plan to spin off the network into a fully controlled separate company, but communications regulator AGCOM has given an initial thumbs down to the idea since TIM would continue to have significant power in the market.

  • Reuters5 days ago

    Trade war hopes lift European shares to early December highs

    European shares opened higher on Friday and reached their highest level since early December as new-found hope about the Sino-U.S. trade negotiations lifted stock markets from Wall Street to Asia. The ...

  • The Wall Street Journal5 days ago

    [$$] Telecom Italia Warns on Earnings

    Telecom Italia said it expects its earnings from its home unit this year to fall from last year based on preliminary figures.

  • Reuters8 days ago

    Telecom Italia shareholders to vote on Vivendi's board demands in March

    Telecom Italia has called a shareholder meeting for March 29 to vote on top investor Vivendi's request to replace five board members, setting the stage for a new showdown between the French media giant and U.S. activist fund Elliott. In December Vivendi, which owns 24 percent of Telecom Italia (TIM), called for the replacement of five of the board members put forward by Elliott, citing a "substantial lack of independence".

  • Telecom Italia Bids for BT Unit Hit by Scandal
    Bloomberg8 days ago

    Telecom Italia Bids for BT Unit Hit by Scandal

    Hong Kong conglomerate CK Hutchison Holdings Ltd.’s Wind Tre SpA and fiber carrier Retelit SpA also expressed interested in the unit, they said. BT Italia is seen as potentially valuable to a buyer because it serves major corporate customers including Eni SpA, Fiat Chrysler Automobiles NV and Mediaset SpA. Representatives for BT Italia, London-based BT, Telecom Italia, Wind Tre and Retelit declined to comment.

  • Telecom Italia Bids for BT Unit Hit by Scandal
    Bloomberg8 days ago

    Telecom Italia Bids for BT Unit Hit by Scandal

    Hong Kong conglomerate CK Hutchison Holdings Ltd.’s Wind Tre SpA and fiber carrier Retelit SpA also expressed interested in the unit, they said. BT Italia is seen as potentially valuable to a buyer because it serves major corporate customers including Eni SpA, Fiat Chrysler Automobiles NV and Mediaset SpA. Representatives for BT Italia, London-based BT, Telecom Italia, Wind Tre and Retelit declined to comment.

  • Bloomberg11 days ago

    Telecom Italia Exploring Bid for BT's Italian Business

    The U.K. phone carrier’s local business also attracted interest from Wind Tre SpA and fiber carrier Retelit SpA, the people said, asking not to be identified because the process isn’t public. Bloomberg News reported last month that BT is soliciting non-binding offers for its Italian unit, moving ahead the sale. Representatives for BT Italia, Telecom Italia, Wind Tre and Retelit declined to comment when contacted on Saturday.

  • Estimating The Intrinsic Value Of Telecom Italia S.p.A. (BIT:TIT)
    Simply Wall St.22 days ago

    Estimating The Intrinsic Value Of Telecom Italia S.p.A. (BIT:TIT)

    In this article I am going to calculate the intrinsic value of Telecom Italia S.p.A. (BIT:TIT) by estimating the company's future cash flows and discounting them to their present value. Read More...

  • Reuterslast month

    Vivendi calls for the replacement of five of Telecom Italia's board members

    PARIS/MILAN (Reuters) - French media giant Vivendi (VIV.PA) called on Friday for the replacement of five of Telecom Italia's (TLIT.MI) board members put forward by U.S. activist fund Elliott, citing a "substantial lack of independence". The move is the latest twist in a months-long battle between Vivendi, which holds a stake of around 24 percent in Telecom Italia (TIM), and Elliott over how to revive Italy's biggest phone group, an underperforming business saddled with 25 billion euros (£22.48 billion) of debt. The U.S. hedge fund wrested board control from Vivendi in May by appointing 10 candidates - or two-thirds of the total - to its board after accusing the French investor of serving only its own interests.

  • Reuterslast month

    Vivendi calls for the replacement of five of Telecom Italia's board members

    PARIS/MILAN, Dec 14 (Reuters) - French media giant Vivendi called on Friday for the replacement of five of Telecom Italia's board members put forward by U.S. activist fund Elliott, citing a "substantial lack of independence". The move is the latest twist in a months-long battle between Vivendi, which holds a stake of around 24 percent in Telecom Italia (TIM), and Elliott over how to revive Italy's biggest phone group, an underperforming business saddled with 25 billion euros ($28.24 billion) of debt.

  • Billionaire Singer’s French Nemesis Won’t Go Quietly
    Bloomberglast month

    Billionaire Singer’s French Nemesis Won’t Go Quietly

    Less than a month after activist investor Elliott Management Corp. succeeded in ousting the CEO, Vivendi SA is mounting a fightback intended at regaining control of the board. Vivendi plans to call a new shareholder vote on the board’s composition by the end of the week. Elliott’s nominees secured a majority of the seats back in May. The two sides fundamentally disagree on the best way forward for Telecom Italia.

  • Reuterslast month

    Vivendi seeks shareholders meeting to change Telecom Italia board

    Vivendi (VIV.PA) is calling for a shareholders meeting to change the board at Telecom Italia (TLIT.MI) including five members proposed by activist fund Elliott, the French media conglomerate said on Tuesday. Vivendi, which holds a stake of around 24 percent, has been battling with Elliott over Telecom Italia, where Elliott wrested control over the board from Vivendi in May. Vivendi said a decision by Telecom Italia this month not to convene a shareholders meeting to choose new auditors went against the principles of proper corporate governance.

  • Vivendi seeks shareholders meeting to change Telecom Italia board
    Reuterslast month

    Vivendi seeks shareholders meeting to change Telecom Italia board

    Vivendi (VIV.PA) is calling for a shareholders meeting to change the board at Telecom Italia (TLIT.MI) including five members proposed by activist fund Elliott, the French media conglomerate said on Tuesday. Vivendi, which holds a stake of around 24 percent, has been battling with Elliott over Telecom Italia, where Elliott wrested control over the board from Vivendi in May.

  • Vivendi Demands Telecom Italia Fire Directors Allied to Elliott
    Bloomberglast month

    Vivendi Demands Telecom Italia Fire Directors Allied to Elliott

    Key InsightsVivendi is turning up the heat in its battle to win back control of Italy’s dominant phone company from Elliott after the U.S. activist’s allies last month pushed out the company’s CEO, a Vivendi ally.Telecom Italia’s board, dominated by Elliott allies, has resisted Vivendi’s demand for a shareholder meeting to appoint auditors for 2019 onwards.

  • Reuters2 months ago

    Court says T.Italia, Vodafone, Fastweb and Wind3 should reimburse clients over billing

    Italy's top administrative court temporarily confirmed on Friday that Telecom Italia, (TLIT.MI), Vodafone (VOD.L), Wind and Fastweb (SCMN.S) should reimburse clients over their 28-day billing policy by the end of this year. Vodafone and Wind had requested the court to suspend the payment, but the Council of State rejected the request. Last week another court had annulled the fines the communications regulator had imposed on the phone operators over their new method of issuing monthly bills to customers.