Telecom Italia SpA (TQI.HM)
| Previous Close | 0.2260 |
| Open | 0.2260 |
| Bid | 0.2218 x 0 |
| Ask | 0.2232 x 0 |
| Day's Range | 0.2260 - 0.2260 |
| 52 Week Range | 0.2083 - 0.3239 |
| Volume | |
| Avg. Volume | 370 |
| Market Cap | N/A |
| Beta (5Y Monthly) | N/A |
| PE Ratio (TTM) | N/A |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | N/A (N/A) |
| Ex-Dividend Date | N/A |
| 1y Target Est | N/A |
ReutersTIM investor Merlyn proposes plan to cut debt, have $7 billion in cash
Telecom Italia (TIM) would be left with 6.6 billion euros ($7 billion) in cash after repaying all of its debts, if it sold its Brazilian unit and its domestic consumer business, activist investor Merlyn Partners calculated. In a document outlining its vision for TIM, Merlyn - which holds 0.5% of the group - drew up six scenarios ahead of an April 23 shareholder vote to name new top executives at TIM. Four of the six scenarios are built around the proposed sale of TIM's domestic access network to KKR, an up to 22 billion euro deal promoted by TIM CEO Pietro Labriola, who is seeking reappointment this month.
ReutersTelecom Italia flags cash call risk to investors if KKR deal collapses, sources say
Telecom Italia's (TIM) Chief Executive Pietro Labriola has warned investors the company could need to raise billions in capital if the planned sale of its network to U.S. fund KKR collapsed, two sources briefed on the matter said. The TIM CEO will meet other investors in London on Monday. Labriola told the meetings TIM expected to gain necessary approvals to complete the sale to KKR this summer as repeatedly indicated, the sources told Reuters, requesting anonymity as the meetings were confidential.
ReutersTelecom Italia plan for revamped business is sustainable, minister says
MILAN (Reuters) -Telecom Italia's (TIM) business plan for the new company emerging from the sale of the former phone monopoly's fixed line network is sustainable, Italy's Industry Minister Adolfo Urso said on Thursday. Shares in the former phone monopoly plunged last week after TIM unveiled its three-year strategy and outlook for the business emerging after the network sale to U.S. fund KKR, piling pressure on TIM Chief Executive Pietro Labriola.
