Last $145.00 MXN
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As of 4:00 PM 05/21/14 All times are local (Market data is delayed by at least 15 minutes).

telecom italia spa-spon adr (TIN) Snapshot

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04/21/14 - $156.00
52 Week Low
12/6/13 - $118.35
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telecom italia spa-spon adr (TIN) Details

Telecom Italia S.p.A., together with its subsidiaries, provides fixed and mobile telecommunications services. It offers voice, data, and Internet services and products; public telephony; and information and communications technology solutions managed and developed for small and medium-size enterprises, small offices/home offices, public sector, large accounts, and enterprises in the fixed and mobile telecommunications markets. The company is also involved in the management and development of portfolio of regulated and unregulated wholesale services for fixed and mobile telecommunications operators; and provision of services related to the development, building, and operation of network infrastructures, real estate properties and plant engineering, delivery processes, and assurance regarding customer services, as well as services related to the development and operation of information services. In addition, it provides multimedia, datacenter, and fixed and mobile applications; audiovisual and musical content for downloading, from the mobile phone or from the PC; and value-added and mobile financial services. The company serves consumer, business, and wholesale customers. It primarily operates in Europe, South America, and the Mediterranean Basin. Telecom Italia S.p.A. was founded in 1908 and is based in Milan, Italy.

65,619 Employees
Last Reported Date: 04/15/14
Founded in 1908

telecom italia spa-spon adr (TIN) Top Compensated Officers

Chief Executive Officer, Managing Director, D...
Total Annual Compensation: €1.0M
Compensation as of Fiscal Year 2013.

telecom italia spa-spon adr (TIN) Key Developments

Vivendi Selects Telefónica For Talks Regarding GVT Sale

Vivendi Société Anonyme (ENXTPA:VIV) has selected Telefónica, S.A. (CATS:TEF) to enter into exclusive discussions regarding sale of Global Village Telecom (Holding) S.A. (GVT), spurning a bid from Telecom Italia S.p.A. (BIT:TIT). Telefonica seeks to fold GVT into Vivo. As per the deal, Vivendi will get €4.66 billion in cash from Telefonica and a 12% stake in the combined Vivo-GVT venture.

Oi Is Reportedly Looking For Partners To Make A Joint Bid For TIM Participacoes

Oi SA (BOVESPA:OIBR4) is looking for partners to make a joint bid for TIM Participacoes S.A. (BOVESPA:TIMP3) and is only interested in taking a portion of its rival’s assets, according to people familiar with the matter. Oi SA's advisor Banco BTG Pactual SA is trying to get Telefónica, S.A. (CATS:TEF) and America Movil S.A.B. de C.V. (BMV:AMX L) to team up with Oi on a mostly cash offer to acquire TIM from Telecom Italia then break up the Brazilian mobile phone company, said two of the people, who asked not to be identified because the discussions are private. They said any offer would surpass Tim’s market value, which was $13.7 billion on August 26, 2014. Oi said this week that BTG Pactual Serviços Financeiros would seek to acquire Tim shares on its behalf by acting as its financial agent. Oi isn’t allowed to own Tim shares directly without regulatory approval.

Oi Appoints Advisor To Advice On Potential Acquisition Of Shares In TIM Participacoes

Oi SA (BOVESPA:OIBR4) is planning to acquire shares in TIM Participacoes S.A. (BOVESPA:TIMP3) from Telecom Italia S.p.A. (BIT:TIT). Oi SA said, "The Company engaged Banco BTG Pactual S.A. to act as agent (comissario), pursuant to article 693 of the Brazilian Civil Code, in its own name and on behalf of Oi, to review alternatives with the purpose of enabling a viable proposal for the acquisition of the shares of TIM Participacoes S.A. indirectly held by Telecom Italia SpA, in compliance with the rules and restrictions provided in law and regulations and decisions issued by the Brazilian National Telecommunications Agency and the Brazilian Administrative Council for Economic Defense, in addition to other applicable regulations."


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