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As of 2:08 AM 09/23/14 All times are local (Market data is delayed by at least 15 minutes).

telecom italia spa-spon adr (TQIA) Snapshot

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06/13/14 - €9.85
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09/26/13 - €5.33
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telecom italia spa-spon adr (TQIA) 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 (TQIA) 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 (TQIA) Key Developments

Telecom Italia Launches FTTC Service in Ragusa

Telecom Italia has activated high-speed fibre-optic broadband services in the Sicilian city of Ragusa. The service, already available in many parts of the city, will be expanded to 21,000 households, or 70% of the population, by the end of 2014, with the operator installing around 45 km of cables in total to connect 140 street cabinets. Telecom Italia hopes to connect around 80% of the local population to its FTTC network by 2015. Customers will be provided with internet connections at speeds of at least 30 Mbps, reaching up to 100 Mbps in the future.

Mediobanca Reportedly Aims To Exit RCS And Telecom Italia

Mediobanca Banca di Credito Finanziario S.p.A. (BIT:MB) plans to sell the entire stakes it owns in Telecom Italia S.p.A. (BIT:TIT) and RCS MediaGroup S.p.A. (BIT:RCS) by June 2015, a source close to the Board said on September 17, 2014. Mediobanca holds a 6.2% stake in RCS. It also owns 7.34% of Telco S.p.A., an investment vehicle that currently holds 22.4% of Telecom Italia.

Telecom Italia Considers Move For Oi

Telecom Italia S.p.A. (BIT:TIT) approached number of financial advisers for a plan to acquire Oi SA (BOVESPA:OIBR4) through TIM Participacoes S.A. (BOVESPA:TIMP3). No formal approach has been made, but Telecom Italia considering a buyout, according to sources who asked not to be identified as the discussions is private. Any takeover deal would however, require the necessary approval of the Brazilian authorities.


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