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Telecom Italia S.p.A. (0H6I.IL)
| Previous close | 0.2549 |
| Open | 0.2596 |
| Bid | 0.2494 x 0 |
| Ask | 0.2597 x 0 |
| Day's range | 0.2527 - 0.2597 |
| 52-week range | 0.1627 - 0.4345 |
| Volume | |
| Avg. volume | 46,038,298 |
| Market cap | 5.412B |
| Beta (5Y monthly) | 1.02 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -0.4080 |
| Earnings date | N/A |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | 21 Jun 2021 |
| 1y target est | N/A |
- Reuters
Italy supreme court upholds nullity of ruling over Vivendi's control of TIM
Italy's supreme court upheld a ruling which had annulled a market regulator's resolution indicating French media group Vivendi was exercising 'de facto control' of Telecom Italia (TIM), a court document showed on Wednesday. Italian market watchdog Consob ruled that Vivendi, TIM's top shareholder with a 24% stake, took control of two-thirds of the Italian phone company's board in 2017. In 2020, Italy's top administrative court annulled the resolution of Consob, which subsequently appealed that decision.
- Reuters
Italy's Nexi signs digital payments deal with TIM's Olivetti
Nexi and Telecom Italia's Olivetti have teamed up to provide advanced electronic payment solutions to businesses, the companies said on Tuesday. Under the accord, Nexi's payment systems will be built into Olivetti's cash registers, they said in a joint statement, with the companies also planning to develop and sell integrated tax and payment solutions for retailers. Nexi, Europe's biggest payments group by volumes, will be able to offer its services through Olivetti's commercial network, which comprises more than 300 dealers and distributors, they said.
- Reuters
Italy seeks to bring TIM's Sparkle unit into state hands
ROME (Reuters) -Italy's government wants to bring Telecom Italia's (TIM) submarine cable unit Sparkle into state hands, four sources close to the matter told Reuters, as it seeks to map out a new direction for the debt-laden former monopoly. The plan emerged after the government on Thursday started talks with leading TIM investors Vivendi and state lender Cassa Depositi e Prestiti (CDP) to identify "the best market-friendly options" for the phone group by the end of the year. TIM also gained a prominent new board member in the form of Massimo Sarmi, the head of the national telecoms lobby, two other sources said.
