Last €0.89 EUR
Change Today 0.00 / 0.00%
Volume 0.0
TIT On Other Exchanges
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BrsaItaliana
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As of 11:30 AM 12/23/14 All times are local (Market data is delayed by at least 15 minutes).

telecom italia spa (TIT) Snapshot

Open
€0.89
Previous Close
€0.89
Day High
€0.90
Day Low
€0.88
52 Week High
06/9/14 - €1.01
52 Week Low
01/2/14 - €0.71
Market Cap
16.3B
Average Volume 10 Days
96.3M
EPS TTM
€0.03
Shares Outstanding
13.5B
EX-Date
04/21/14
P/E TM
30.9x
Dividend
--
Dividend Yield
--
Current Stock Chart for TELECOM ITALIA SPA (TIT)

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telecom italia spa (TIT) 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.

65,872 Employees
Last Reported Date: 11/7/14
Founded in 1908

telecom italia spa (TIT) Top Compensated Officers

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

telecom italia spa (TIT) Key Developments

Telecom Italia Launches FTTC, 4G Services in Formigine

Telecom Italia has announced that Formigine in the northern Emilia-Romagna region has become one of the first cities in the country to boast a fully operational fibre-optic and 4G network following a EUR 1 million investment. The operator used new non-invasive, low-impact digging techniques to roll out around 20 km of fibre-optic cables connecting 50 street cabinets. Around 7,000 households are currently connected to the FTTC network, providing customers with internet connections at speeds of 30 Mbps minimum and 100 Mbps maximum. Customers with LTE enabled devices can now access the internet at download speeds of up to 100 Mbps.

Telecom Italia Announces Board Changes

Telecom Italia announced that an Operations department, to be headed by Giuseppe Roberto Opilio - reporting directly to Chief Executive Officer Marco Patuano - has been created 22 December 2014, with the aim of guaranteeing optimal management - with a view to integration - of technological and operations processes. The Caring Services division, headed by Paolo Tazzioli, and the Chief Information Office function, renamed Information Technology and headed by Gianluca Pancaccini as Chief Information Officer, are reassigned to the Operations department. The Operations department will therefore ensure oversight of the following organisational areas: Open Access, Caring Services, Network, Engineering & TILab, Information Technology, Planning & Operations Evolutions, Global Advisory Services and Tower. Moreover, from the same date, Stefano Ciurli will be managing the National Wholesale Services department of Telecom Italia while Alessandro Talotta has been appointed Chief Executive Officer of Telecom Italia Sparkle S.p.A. in place of Elisabetta Ripa who will take a new role inside the Telecom Italia Group.

Telecom Italia Inks Draft Agreement with Trade Unions

Telecom Italia has entered into a draft agreement with trade unions to restructure the company's Caring Services division that handles customer care activities. The document inked with the trade unions Slc Cgil, Fistel Cisl, Uilcom Uil and Ugl Telecomunicazioni follows over seven months of negotiations including all the issues of the customer services sector that has been badly hit by the ongoing Italian recession. Under the agreement, Telecom Italia has shelved the project to spin off the Caring Division covered in the agreement inked with trade unions in 2013, and will maintain operations at 41 of the 52 regional offices slated for closure. Moreover, the company has even committed to unveil a new 'Skills Cloud' model, which will enable the skills and individual capacities of workers to be recorded, and the routing of customer requests to the operator with the most experience and knowledge of each issue.

 

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Price/Earnings -- Not Meaningful
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Price/Cash Flow 2.1x
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