|Day's Range||0.8035 - 0.8250|
|52 Week Range||0.6670 - 0.9160|
|PE Ratio (TTM)||10.83|
|Dividend & Yield||0.00 (0.00%)|
|1y Target Est||N/A|
Telecom Italia's (TLIT.MI) board will discuss on July 24 the departure of Chief Executive Flavio Cattaneo, the company said on Friday, confirming a Reuters story that Cattaneo would leave soon following clashes with top shareholder Vivendi (VIV.PA). Earlier on Friday, sources familiar with the matter told Reuters Cattaneo would step down within days. A top Vivendi executive, Amos Genish, is set to be appointed as TIM's managing director, effectively taking over from Cattaneo, the sources said, speaking on condition of anonymity as the decision isn't public.
The micro-state of San Marino is set to become the first country in the world to be upgraded to a nationwide 5G network after Telecom Italia said it would use the enclave as a test bed for the new technology. ...
A spat between Rome and Telecom Italia's (TIM) chief executive over the rollout of ultrafast broadband has been resolved, Italian industry minister Carlo Calenda said in an interview published on Saturday. The row had threatened to poison relations between the former state monopoly and the government, prompting TIM's top shareholder Vivendi to ask Chief Executive Flavio Cattaneo to soften his tone, sources close to the matter said. In an interview with Il Sole 24 Ore newspaper, Calenda said he considered Cattaneo, who has cut costs in just over a year at the helm of the indebted firm, "an excellent manager".