Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Italy
  4. Borsa Italiana
  5. Telecom Italia S.p.A.
  6. News
  7. Summary
    TIT   IT0003497168

TELECOM ITALIA S.P.A.

(TIT)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Vivendi ready to revoke request to replace Telecom Italia board members

03/29/2019 | 05:49am EDT
FILE PHOTO: Telecom Italia's logo for the TIM brand is seen on building roof downtown Milan

ROZZANO, Italy (Reuters) - Telecom Italia top shareholder Vivendi has proposed to revoke its request to replace five board members at the Italian phone group provided other shareholders agree, a representative for the French media group said on Friday.

"We have decided to not pursue today with our proposal to revoke and replace five board members provided that this has the support of this shareholder meeting," Caroline Le Masne De Chermont, a Vivendi representative, told the Telecom Italia (TIM) shareholder meeting.

"Vivendi wishes that TIM's board be more reflective of the company shareholder base and to be led in an independent, transparent and inclusive manner."

Vivendi was seeking to replace TIM Chairman Fulvio Conti and four other directors appointed by activist fund Elliott last year, citing "substantial lack of independence" and accusing them of conspiring to fire former CEO Amos Genish.

(Reporting by Agnieszka Flak)


ę Reuters 2019
Stocks mentioned in the article
ChangeLast1st jan.
BASE CO., LTD. 2.56% 4800 End-of-day quote.-21.95%
BASE, INC. -3.07% 1293 End-of-day quote.-33.76%
INCLUSIVE INC. 1.29% 1023 End-of-day quote.241.38%
MEMBERS CO., LTD. 0.15% 3260 End-of-day quote.40.58%
TELECOM ITALIA S.P.A. 0.05% 0.3708 Delayed Quote.-1.75%
VIVENDI SE 1.57% 28.5 Real-time Quote.8.04%
All news about TELECOM ITALIA S.P.A.
07/29TELECOM ITALIA S P A : Sparkle to Build Blue and Raman Submarine Cable Systems....
PU
07/29TELECOM ITALIA S P A : Looking to Derive Value From Cloud, Undersea Cable Assets
MT
07/28TELECOM ITALIA S P A : considering options for cloud, undersea cable businesses
RE
07/28GLOBAL MARKETS LIVE : Apple, Alphabet, Facebook, Pfizer, McDonald's...
07/28TELECOM ITALIA S P A : Italian Competition Watchdog Closes Precautionary Proceed..
MT
07/27TIM : Board of directors approves financial report at june...
PU
07/27Italy's TIM Q2 core profit falls as domestic revenue drops
RE
07/27Telecom Italia S.P.A. Reports Earnings Results for the Half Year Ended June 3..
CI
07/26MARKET CHATTER : TIM Prepares Offers to Allay Competition Concerns Over Sports S..
MT
07/23TELECOM ITALIA S P A : readying reply to antitrust probe on DAZN deal-sources
RE
More news
Financials
Sales 2021 15 766 M 18 726 M 18 726 M
Net income 2021 636 M 755 M 755 M
Net Debt 2021 21 266 M 25 260 M 25 260 M
P/E ratio 2021 13,6x
Yield 2021 2,65%
Capitalization 8 011 M 9 523 M 9 515 M
EV / Sales 2021 1,86x
EV / Sales 2022 1,84x
Nbr of Employees 52 182
Free-Float 72,3%
Chart TELECOM ITALIA S.P.A.
Duration : Period :
Telecom Italia S.p.A. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends TELECOM ITALIA S.P.A.
Short TermMid-TermLong Term
TrendsBearishBearishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 24
Last Close Price 0,37 €
Average target price 0,53 €
Spread / Average Target 42,8%
EPS Revisions
Managers and Directors
Luigi Gubitosi Chief Executive Officer & Executive Director
Giovanni Ronca Chief Financial Officer
Salvatore Rossi Chairman
Michele Gamberini Chief Technology & Information Officer
Herculano AnÝbal Alves Chief Technology Officer
Sector and Competitors