Last €0.84 EUR
Change Today +0.0065 / 0.78%
Volume 25.9M
As of 11:30 AM 01/30/15 All times are local (Market data is delayed by at least 15 minutes).

telecom italia-rsp (TITR) Snapshot

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01/29/15 - €0.84
52 Week Low
02/4/14 - €0.58
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telecom italia-rsp (TITR) 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.

65,872 Employees
Last Reported Date: 11/7/14
Founded in 1908

telecom italia-rsp (TITR) Top Compensated Officers

Chief Executive Officer, Managing Director, D...
Total Annual Compensation: €1.0M
Compensation as of Fiscal Year 2013.

telecom italia-rsp (TITR) Key Developments

Italian Consumers Demand Refund After AGCM Fines Telecom Italia, 3 Italia, Wind and Vodafone Italia

Italian consumer association Altroconsumo has called on Telecom Italia, 3 Italia, Wind and Vodafone Italia to refund customers after the country's competition regulator AGCM fined the operators a total of over EUR 5 million for premium mobile services charged without user permission. The watchdog accused the operators of unfair and aggressive commercial practices and of misleading customers by including paid services that weren't requested or were requested unknowingly on their monthly phone bills. Altroconsumo announced that the 'historic' decision but went on to say that 'every single euro, unjustly and wrongfully charged, must be refunded to customers'. The consumer body sent a formal notice to each operator, adding that it would be following the case closely and would proceed to file a collective class action if the operators refused to refund customers for charges incurred after they unknowingly subscribed to premium services.

F2i And Vodafone Italia Reportedly Discuss Metroweb Stake Sale

On January 13, 2015, a meeting was held by the Chief Executive of Fondo Italiano per le Infrastrutture (F2i), Renato Ravanelli, with Vodafone Omnitel B.V. ('Vodafone Italia') Chief Executive Officer Aldo Bisio to reportedly discuss the possible sale of a controlling stake in Metroweb S.p.A. At present, F2i has a 53.8 % stake in Metroweb and has to determine whether to dispose the entire asset or a part of it by the end of the first quarter of 2015 depending on the investment plans of the two interested parties, Vodafone Italia and Telecom Italia S.p.A. (BIT:TIT).

Telecom Italia Wins Mobile Phone Services Contract from Banca d'Italia

Italy's central bank Banca d'Italia has entrusted a contract for mobile phone services provision to Telecom Italia SpA. The value of the deal is EUR 475,000 (USD 564,000) and it excludes VAT. The contract was awarded without prior publication of a contract notice in EU's Tenders Electronic Daily (TED) as the services could be provided only by a particular tenderer for technical reasons, Banca d'Italia announced that the contract award notice with document number 8356-2015 published in TED.


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