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

IOB - IOB Delayed price. Currency in EUR
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0.2628-0.0018 (-0.66%)
At close: 05:20PM GMT
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Previous close0.2646
Open0.2622
Bid0.2575 x 0
Ask0.2682 x 0
Day's range0.2611 - 0.2671
52-week range0.1970 - 0.3281
Volume35,979,057
Avg. volume38,799,486
Market cap6.408B
Beta (5Y monthly)1.01
PE ratio (TTM)N/A
EPS (TTM)-0.1500
Earnings dateN/A
Forward dividend & yieldN/A (N/A)
Ex-dividend date21 Jun 2021
1y target estN/A
  • Reuters

    UPDATE 1-TIM grid sale paves way for state-controlled network operator - minister

    Telecom Italia's (TIM) planned sale of its fixed-line network to U.S. fund KKR boosts the prospects of creating a national grid operator under state control, Italy's industry minister said on Tuesday. "Prospectively, I think this [the deal] will enhance the creation of a national grid operator under public control, in full respect of the EU competition law," Minister Adolfo Urso said during an event in Rome. The 19-billion-euro deal ($20.4 billion) is backed by the administration of Prime Minister Giorgia Meloni, which authorised the Treasury to spend up to 2.2 billion euros to take a 20% stake in the network.

  • Reuters

    TIM grid sale paves way for state-controlled network operator - minister

    ROME (Reuters) -Telecom Italia's (TIM) planned sale of its fixed-line network to U.S. fund KKR boosts the prospects of creating a national grid operator under state control, Italy's industry minister said on Tuesday. "Prospectively, I think this [the deal] will enhance the creation of a national grid operator under public control, in full respect of the EU competition law," Minister Adolfo Urso said during an event in Rome. The 19-billion-euro deal ($20.4 billion) is backed by the administration of Prime Minister Giorgia Meloni, which authorised the Treasury to spend up to 2.2 billion euros to take a 20% stake in the network.

  • Reuters

    Telecom Italia CEO seeks new term after KKR grid deal

    Telecom Italia's (TIM) chief executive is available for a second term to oversee the reshaping of the phone company after the sale of its domestic fixed-line grid to U.S. fund KKR, the top executive said on Friday. Backed by Giorgia Meloni's conservative administration, the sale of the grid, a first for a former phone monopoly in a major European country, is at central to Labriola's strategy to revive the company. TIM's board approved the 19 billion euro ($20.29 billion) deal on Sunday, defying criticism from top investor Vivendi, which has threatened a legal challenge to the decision, saying shareholder approval was needed.