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Telecom Italia SpA (TLITn.MI)

TLITn.MI on Milan Stock Exchange

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20 Nov 2018
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Latest Key Developments (Source: Significant Developments)

Enel CEO says Open Fiber has talked to Fastweb on network access
Tuesday, 20 Nov 2018 

Nov 20 (Reuters) - Enel CEO says::OPEN FIBER HAS BEEN TALKING TO FASTWEB ABOUT ACCESS TO ITS (OPEN FIBER'S) NETWORK.  Full Article

Enel CEO says will never exit Open Fiber investment
Tuesday, 20 Nov 2018 

Nov 20 (Reuters) - Enel CEO says::SALE OF RUSSIA'S REFTINSKAYA PLANT BASICALLY CLOSED BUT WAITING FOR CERTAIN CONDITIONS TO BE MET.APPETITE IS LIMITED FOR FURTHER ACQUISITIONS IN BRAZIL.WE WILL NEVER EXIT OPEN FIBER.ASKED ABOUT INTEREST FOR COLOMBIA'S ELECTRICARIBE, SAYS GROUP WOULD NEVER EMBARK ON A STANDALONE BASIS IN THE COUNTRY BUT ONLY WITH COLOMBIAN PARTNER.  Full Article

Moody's says Telecom Italia CEO change raises questions
Tuesday, 20 Nov 2018 

Nov 20 (Reuters) - Rating agency Moody's says in report::TELECOM ITALIA CHANGING ITS CEO RAISES QUESTIONS AROUND MANAGEMENT CONTINUITY, CORPORATE GOVERNANCE AND THE EXECUTION OF LONG TERM STRATEGIC PLAN.CONCERNED ABOUT FRICTIONS CREATED IN TELECOM ITALIA'S BOARD, POSSIBLE VIVENDI REACTION.DOES NOT EXPECT DIVIDEND DISTRIBUTION FOR TELECOM ITALIA COMMON SHARES TO BE REINSTATED UNTIL GROUP ACHIEVES ITS DELEVERAGING PLAN.SEPARATION OF NETWORK IS LONG PROCESS WITH HIGH EXECUTION RISK FOR TELECOM ITALIA.THE PUBLICATION DOES NOT ANNOUNCE A CREDIT RATING ACTION.  Full Article

Enel CEO says likes anything that makes Open Fiber roll out easier
Tuesday, 20 Nov 2018 

Nov 20 (Reuters) - Enel CEO::ASKED ABOUT IDEA OF FOLDING TELECOM ITALIA NETWORK INTO OPEN FIBER, SAYS OPEN FIBER HAS A MISSION TO CABLE ITALY, "ANYTHING THAT MAKE THAT EASIER AND FASTER WE LIKE, ANYTHING ELSE WE DON'T KNOW".  Full Article

Enel CFO sees Open Fiber EBITDA at 350 mln euros in 2021
Tuesday, 20 Nov 2018 

Nov 20 (Reuters) - Enel CFO says::EXPECTS 19 MILLION HOUSEHOLDS TO PASS TO OPEN FIBER BY 2021.SEES OPEN FIBER EBITDA OF AROUND 350 MILLION EUROS IN 2021.  Full Article

Telecom Italia CEO Amos Genish To Leave
Tuesday, 13 Nov 2018 

Nov 13 (Reuters) - Telecom Italia ::CEO AMOS GENISH TO LEAVE.NEW MEETING OF BOARD OF DIRECTORS WAS CONVENED FOR NOVEMBER 18, 2018 IN ORDER TO APPOINT A NEW CHIEF EXECUTIVE OFFICER.  Full Article

Vivendi fully supports TIM CEO and his business plan - spox
Sunday, 11 Nov 2018 

Nov 11 (Reuters) - A spokesman for France's Vivendi says::VIVENDI FULLY SUPPORTS TELECOM ITALIA CEO AMOS GENISH AND HIS BUSINESS PLAN .ELLIOTT IS TRYING TO SHIFT BLAME ON TELECOM ITALIA CEO AMOS GENISH FOR ITS OWN "UNFULFILLED PROMISES" AT ITALIAN PHONE GROUP.ASKED WHETHER VIVENDI WOULD CALL AN AGM AT TELECOM ITALIA TO PUSH FOR BOARD RESHUFFLE, REITERATES FRENCH GROUP WOULD DO "ANYTHING TO PROTECT ITS INTERESTS"..  Full Article

Telecom Italia CEO says Wind Tre towers not complementary to group footprint
Friday, 9 Nov 2018 

Nov 9 (Reuters) - Telecom Italia CEO says::ACQUISITION OF TOWERS OF WIND TRE WOULD NOT BE COMPLEMENTARY TO GROUP'S FOOTPRINT.  Full Article

Telecom Italia CEO says group is "very long" on Brazil
Friday, 9 Nov 2018 

Nov 9 (Reuters) - Telecom Italia CEO says::WOULD BE HAPPY WITH M&A IN BRAZIL TO COMPLEMENT ITS BUSINESS THERE, "WE ARE VERY LONG ON BRAZIL".COMPLEMENTARY SPECTRUM M&A IN BRAZIL IS KEY, FIXED INFRASTRUCTURE ALSO IMPORTANT BUT NO MAJOR TARGET THERE YET.BELIEVES COMPANY SHOULD CONTINUE PAST PRACTICES OF PAYING DIVIDEND ON SAVINGS SHARES BUT FINAL DECISION UP TO BOARD.AIMS FOR 5G LAUNCH IN SOME KEY CITIES IN Q3 2019.PLANS FOR LEGAL SEPARATION OF FIXED-LINE NETWORK MORE RELEVANT THAN EVER BUT PROJECT HAS BEEN SLOWED DOWN.  Full Article

Telecom Italia CEO says cooperation with Open Fiber would be positive
Friday, 9 Nov 2018 

Nov 9 (Reuters) - Telecom Italia CEO says::COOPERATION WITH OPEN FIBER ON BROADBAND WOULD BE POSITIVE.INTERESTED IN BRAZIL'S NEXTEL BUT IN INITIAL PHASE.HOPES ALL BOARD MEMBERS, SHAREHOLDERS WILL BE SUPPORTIVE OF PROGRESS IN GOVERNANCE.IN LONG RUN HOPES FOR MORE COOPERATION WITH OPEN FIBER TO AVOID NETWORK DUPLICATION.  Full Article

PRESS DIGEST- British Business - Nov 21

Nov 21 The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.