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    TIT   IT0003497168

TELECOM ITALIA S.P.A.

(TIT)
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Real-time Estimate Tradegate  -  03:59 2022-06-28 pm EDT
0.2600 EUR   +0.93%
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Telecom Italia S p A : Sparkle Expands Its Reach in Europe with a New Point of...

05/23/2022 | 05:46am EDT

Sparkle, the first international service provider in Italy and among the top global operators, expands its reach in Europe with a new Point of Presence (PoP) in Warsaw, its first in Poland, to respond to the fast-growing demand for international connectivity both in the country and in the neighbouring region.

By connecting to Sparkle's PoP in Warsaw, local and regional players - including network providers, ISPs, OTTs, content and application providers - will be able to enjoy reliable, low latency Internet connectivity through Sparkle's Tier-1 IP Transit service Seabone with speeds up to 400 Gbps.

In addition, customers can benefit from the full range of Sparkle's IP portfolio including DDoS Protection service - that grants customers the option to self-protect their networks from attacks - and Virtual NAP - which provides virtual access to leading Internet Exchange Points (IXPs) without the need to build proprietary infrastructure.

With this new opening, Sparkle expands to the North-East the coverage of its European network, which now counts 90 PoPs in twenty countries.

About Sparkle

Sparkle is TIM Group's Global Operator, first international service provider in Italy and among the top worldwide, with a proprietary backbone of more than 600,000 km of fiber spanning from Europe to Africa, the Americas and Asia. Leveraging its global IP, Data, Cloud, Data Center, Mobile Data and Voice Platforms, Sparkle offers a full range of ICT solutions to Enterprises, Internet Service Providers, OTTs, Media and Content Players, Application Service Providers as well as Fixed and Mobile operators. Its sales force is active worldwide and distributed over 32 countries.

Find out more about Sparkle following its Twitter and LinkedIn profiles or visiting the website tisparkle.com.

Rome / Warsaw, 23 May 2022

Disclaimer

Telecom Italia S.p.A. published this content on 23 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 May 2022 09:45:01 UTC.


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Financials
Sales 2022 15 584 M 16 402 M 16 402 M
Net income 2022 -5,40 M -5,69 M -5,69 M
Net Debt 2022 25 236 M 26 561 M 26 561 M
P/E ratio 2022 -49,6x
Yield 2022 1,76%
Capitalization 5 504 M 5 794 M 5 794 M
EV / Sales 2022 1,97x
EV / Sales 2023 1,86x
Nbr of Employees 51 893
Free-Float 74,7%
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Number of Analysts 19
Last Close Price 0,26 €
Average target price 0,34 €
Spread / Average Target 29,5%
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Managers and Directors
Pietro Labriola Chief Executive Officer & Director
Adrián Calaza Chief Financial Officer
Salvatore Rossi Chairman
Michele Gamberini Chief Technology & Information Officer
Stefano Siragusa Chief Revenue, Information & Media Office
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