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Telecom Italia S.p.A. (0H6I.IL)

IOB - IOB Delayed price. Currency in EUR
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0.2767+0.0055 (+2.05%)
At close: 04:35PM BST
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Previous close0.2711
Open0.2730
Bid0.2682 x 0
Ask0.2795 x 0
Day's range0.2721 - 0.2790
52-week range0.2212 - 0.5092
Volume10,110,165
Avg. volume35,038,616
Market cap5.799B
Beta (5Y monthly)1.08
PE ratio (TTM)N/A
EPS (TTM)-0.4080
Earnings dateN/A
Forward dividend & yield0.01 (3.59%)
Ex-dividend date21 Jun 2021
1y target estN/A
  • Reuters

    TIM signs network-sharing deal with Open Fiber to speed up rollout

    Telecom Italia (TIM) has signed a commercial agreement with Open Fiber to provide the rival broadband network company with access to its infrastructure to speed up the rollout of fibre in the more remote parts of Italy, the companies said on Friday. Under the deal Open Fiber will pay 200 million euros ($208 million) to use TIM's network infrastructure in the hard-to-reach so-called 'white areas'.

  • Reuters

    Telecom Italia CEO confident deal within reach on single network

    MILAN (Reuters) -The head of Telecom Italia (TIM) said on Thursday he was confident of clinching a preliminary agreement to merge Italy's biggest phone group's network assets with those of rival Open Fiber within days. The debt laden former phone monopoly is working on an overhaul centred around a split of its services businesses from its wholesale network operations after ending talks last month on a takeover approach from U.S. fund KKR. As part of the break-up plan, TIM has started talks with state lender CDP to revive a long-mooted project to combine its fixed network assets with those of broadband rival Open Fiber.

  • Reuters

    Telecom Italia core profit down as domestic demand weakens

    MILAN (Reuters) -Telecom Italia's (TIM) core profit fell sharply in the first quarter hit by shrinking revenues in the group's competitive domestic market, where demand for connectivity weakened after a pandemic-driven surge. TIM said domestic sales, which accounts for about 80% of group revenue, fell 7.7% to 2.85 billion euros, in line with an analyst consensus provided by the company. Organic EBITDA after lease -- TIM's main measure of profitability -- strips out one-off items and includes lease costs.