Telecom Italia S.p.A. (TIT.MI)
| Previous Close | 0.2242 |
| Open | 0.2238 |
| Bid | 0.2245 x 0 |
| Ask | 0.2246 x 0 |
| Day's Range | 0.2201 - 0.2251 |
| 52 Week Range | 0.2000 - 0.3271 |
| Volume | |
| Avg. Volume | 235,763,961 |
| Market Cap | 4.892B |
| Beta (5Y Monthly) | 1.01 |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | Jun 21, 2021 |
| 1y Target Est | N/A |
- Reuters
Brazil's TIM may benefit from Telecom Italia's network sale
The chief executive of TIM Brasil, Alberto Griselli, said on Thursday that its parent company Telecom Italia's agreement to sell its physical network could provide an additional boost for its business in Brazil. "Brazil is the group's priority; the crown jewel," he told Reuters on the outskirts of an innovation and technology event in Rio de Janeiro.
- Reuters
Moody's lifts Telecom Italia rating with network sale in sight
Moody's on Wednesday raised Telecom Italia's credit rating by one notch to Ba3 and maintained a positive outlook as the debt-laden telecoms company nears the completion of the sale of its fixed-line access network to KKR for up to 22 billion euros. Moody's upgrade followed the unconditional approval of the deal by the European Union antitrust authority. Moody's had put the Telecom Italia (TIM) rating on review for upgrade by one to two notches after the company approved the KKR deal in November.
- Bloomberg
Swisscom Sells €439 Million Telecom Italia Network Stake to KKR
(Bloomberg) -- Swisscom AG’s Italian unit agreed to sell its stake in Telecom Italia SpA’s fiber company to private equity firm KKR & Co., which is expanding its holdings in the country’s telecommunications network. Most Read from BloombergModi Vows to Retain Power Even as Party Loses India MajorityBlackRock, Citadel Back Texas Stock Exchange in Challenge to NYSEModi’s Magic Is Fading Fast. Who’s Next for India?Short Sellers in Danger of Extinction After Crushing Stock GainsIndian Stocks Lead Ga
