Telecom Italia S.p.A. (TIT.MI)
| Previous close | 0.2223 |
| Open | 0.2233 |
| Bid | 0.2223 x 0 |
| Ask | 0.2224 x 0 |
| Day's range | 0.2212 - 0.2233 |
| 52-week range | 0.2000 - 0.3271 |
| Volume | |
| Avg. volume | 243,438,145 |
| Market cap | 4.828B |
| Beta (5Y monthly) | 1.02 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -0.0600 |
| Earnings date | 15 May 2024 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | 21 Jun 2021 |
| 1y target est | 0.30 |
- Reuters
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.
ReutersCourt cancels Telecom Italia 250 million euro seizure over alleged phone scams
A Milan court has cancelled the seizure of 250 million euros ($268 million) from Telecom Italia (TIM) previously ordered by prosecutors in a case over alleged fraud through the unauthorised activation of services to customers, a court document showed. The document showed TIM had successfully appealed against the order of a precautionary seizure after a hearing held on April 23, adding the reasoning behind the ruling will be filed within 30 days. The initial seizure order was made in late February.
ReutersExclusive-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.
