telecom italia spa-spon adr (TI) Key Developments
Telecom Italia Invests EUR 5 Million in Siracusa Ultrabroadband Rollout
Jul 2 15
Telecom Italia has announced that the Sicilian city of Siracusa now boasts a fully operational fibre-optic and 4G network following an investment of around EUR 5 million. The operator used non-invasive, low-impact digging techniques to roll out around 79 km of fibre-optic cables to connect 33,000 households, about 65% of the population, providing customers with internet access at speeds of up to 50 Mbps.
Mediobanca Reportedly Sells Telecom Italia Stake On Market
Jun 30 15
Mediobanca Banca di Credito Finanziario S.p.A. (BIT:MB) has sold its 1.6% stake in Telecom Italia S.p.A. (BIT:TIT) on the market in recent days, a source within the bank told Reuters.
Telecom Italia S.p.A. Announces Executive Changes
Jun 26 15
Telecom Italia S.p.A. announced that the board of directors, which met on June 26, 2015, assigned the role of Lead Independent Director for the current year to Director Giorgio Valerio, who takes over from Ms Francesca Cornelli.
Telecom Italia and Ericsson Signs an Agreement to Develop IoT and M2M Fields
Jun 25 15
Telecom Italia and Ericsson have signed an agreement to jointly develop innovative services and devices in the Internet of Things (IoT) and M2M fields. The partners aim is to create smart services for the automotive, utility and agriculture industries, with the projects being carried out at the Foundry, Telecom Italia's innovation workshop, where the company identifies, tests and develops new smart offerings.
Telecom Italia Launches FTTC Service in Three Calabria Towns
Jun 22 15
Telecom Italia has announced that it has activated fibre services in three towns in Calabria as part of a EUR 100 million deployment in the southern region. The project envisages expanding fibre-optic coverage to around 800,000 households in Calabria as part of the national broadband plan to help reduce the country's digital divide and achieve the aims of the European Digital Agenda. The operator has now launched its FTTC service in Scalea, Soverato and Tropea, having previously activated the service in Rende and Squillace.