Telecom Italia S.p.A. (BIT: TIT)
Italy
· Delayed Price · Currency is EUR | Market Cap | 5.13B |
| Revenue (ttm) | 16.38B |
| Net Income (ttm) | -1.15B |
| Shares Out | 21.25B |
| EPS (ttm) | n/a |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 118,528,600 |
| Open | 0.226 |
| Previous Close | 0.229 |
| Day's Range | 0.226 - 0.235 |
| 52-Week Range | 0.198 - 0.327 |
| Beta | 1.01 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Sep 26, 2024 |
About Telecom Italia
Telecom Italia S.p.A., together with its subsidiaries, engages in the provision of fixed and mobile telecommunications services in Italy and internationally. The company operates through Domestic, Brazil, and Other Operations segments. It offers fixed and mobile voice and Internet, and public telephony services, as well as products managed and developed for individuals and families; and voice, data, and Internet services and products, and information and communications technology solutions for top, public sector and large account customers. The... [Read more]
Financial Performance
In 2023, Telecom Italia's revenue was 16.30 billion, an increase of 3.22% compared to the previous year's 15.79 billion. Losses were -1.44 billion, -50.74% less than in 2022.
Financial StatementsNews
Investors Mull Bid for Vivendi’s Telecom Italia Stake: Corriere
A consortium of investors is mulling the potential purchase of Vivendi’s stake in Telecom Italia, Corriere della Sera reported on Saturday, citing sources it didn’t identify.
Telecom Italia to Get €250 Million in Inwit Stake Sale to Ardian
Telecom Italia SpA sold its remaining stake in mobile tower operator Infrastrutture Wireless Italiane SpA, picking up the pace in its drive to de-leverage and boosting cash flow beyond its full-year g...
Italy Data Centre Landscape Report 2024-2027, Featuring Aruba Cloud, DATA4 Group, Stack EMEA (SuperNAP) and Telecom Italia Rome (Acilia)
Dublin, July 15, 2024 (GLOBE NEWSWIRE) -- The "Italy: Data Centre Landscape - 2024 to 2027" report has been added to ResearchAndMarkets.com's offering.
Explainer: What next for Telecom Italia after network sale to KKR?
Telecom Italia (TIM) will finalise on July 1 the landmark sale of its fixed-line domestic access network to U.S. fund KKR , a deal that makes it the first phone incumbent in a major European country t...
Telecom Italia to finalise network sale to KKR on July 1
Telecom Italia (TIM) will finalise the landmark sale of its domestic fixed line access network to KKR on July 1, the Italian company said on Monday.
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 busines...
Moody's lifts Telecom Italia rating with network sale in sight
Moody's on Wednesday raised Telecom Italia's credit rating by one notch to Ba3 and maintained a positive outlook as the debt-laden telecoms company nears the completion of the sale of its fixed-line a...
KKR's $23 Billion Acquisition of Telecom Italia's Broadband Network Receives EU Approval
Unconditional approval from the EU means that the deal can go ahead without KKR or Telecom Italia having to make so-called remedies or commitments.
EU clears KKR's $24 bln Telecom Italia fixed-line network deal
EU antitrust regulators gave unconditional approval on Thursday to U.S. investment firm KKR's 22-billion-euro ($24 billion) acquisition of Telecom Italia's (TIM) fixed-line network.
Telecom Italia Backs Outlook After Earnings Rise
Telecom Italia maintained its financial targets for the year after reporting higher first-quarter revenue and earnings.
Exclusive: KKR set for unconditional EU antitrust okay for Telecom Italia deal, sources say
U.S. investment firm KKR is expected to gain unconditional EU antitrust clearance to buy Telecom Italia's (TIM) fixed-line network after agreeing to keep commercial agreements with TIM rivals, people ...
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 s...
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 wh...
Vivendi to abstain in Telecom Italia board renewal vote
Telecom Italia (TIM) top investor Vivendi has decided to abstain from voting for any slate of candidates for the board renewal at the former phone monopoly, the French media group said in a statement ...
TIM investor Merlyn proposes plan to cut debt, have $7 bln in cash
Telecom Italia (TIM) would be left with 6.6 billion euros ($7 billion) in cash after repaying all of its debts, if it sold its Brazilian unit and its domestic consumer business, activist investor Merl...
Telecom Italia CEO Labriola Sees Up to €5B Gain After Grid Sale
Telecom Italia Chief Executive Officer Pietro Labriola is confident that his network sale to the US private equity firm KKR will contribute as much as 5 billion euros in upside at the company. He spea...
Telecom Italia network sale only 'realistic' option, minister says
The sale of Telecom Italia's (TIM) network is the only "realistic" option for the group, as it grants the survival of the phone company, Italy's economy minister said on Tuesday.
Telecom Italia Secures Finance Until Close of Network Sale
Telecom Italia has signed an agreement for roughly $1.6 billion in bridge financing to cover its needs until completion of a planned sale of its fixed-network unit.
Italy to appeal against ruling it must pay 1 bln euros to Telecom Italia
The Italian government said it would appeal to the Supreme Court against a ruling on Wednesday that ordered it to return about 1 billion euros ($1.08 billion) to Telecom Italia (TIM).
Telecom Italia says government to pay it 1 bln euros after court ruling
A Rome court has ruled in favour of Telecom Italia (TIM) in a 15-year dispute over the liberalisation of the telecoms sector, ordering the Italian government to return about 1 billion euros ($1.1 bill...
Italy economy minister says up to the market to decide on Telecom Italia
Italian Economy Minister Giancarlo Giorgetti said on Wednesday it is now up to the market and not the government to decide on the future of former phone monopoly Telecom Italia (TIM).
Telecom Italia investor Merlyn proposes sale of Brazilian unit
Telecom Italia shareholder Merlyn Partners proposed on Wednesday that the company sell its Brazilian unit this year as part of a radical restructuring of the debt-laden Italian former phone monopoly.
Merlyn Partners discloses stake in Telecom Italia ahead of vote on new board
Merlyn Partners, a Luxembourg based alternative investment fund, said it held 0.53% of Telecom Italia (TIM) as of Tuesday.
KKR working to finalise Telecom Italia network deal this summer
KKR is pressing ahead with preparatory activities for the buyout of Telecom Italia's (TIM) fixed line network and working with other parties towards the summer 2024 timeframe for finalising the deal, ...
Telecom Italia Outlines Targets Through 2026
Telecom Italia said it aimed to deliver earnings growth of 8% over the next three years as well as reduction in debt, helped by the planned sale of its fixed-income assets.