Telecom Italia shares up 2 pct after strong first quarter

Reuters

MILAN May 4 Shares in Telecom Italia rose more than 2 percent on Thursday after Italy's biggest phone group reported a better-than-expected 16 percent rise in quarterly core earnings, helped by cost cuts and strong results from its domestic operations.

CORRECTED-(OFFICIAL)-Telecom Italia 2016 core earnings beat forecasts with 14 pct rise

Reuters

Telecom Italia on Friday posted a better-than-expected 14.4 percent rise in full-year core earnings, helped by cost cuts and strong results from its domestic operations.

Telecom Italia Q3 revenue, EBITDA tops estimates

Total Telecom

Telecom Italia on Friday posted third quarter revenue and EBITDA that came in ahead of expectations, thanks to a solid domestic performance.

Telecom Italia chief lambasts Italian corporate pay 'scandal'

Financial Times

Analysts expect Telecom Italia's domestic earnings before taxes, interest, depreciation and amortisation to grow this year for the first time in 13 years, and it is expected to do so again in 2017 and 2018 partly due to Mr Cattaneo's aggressive cost ...

Telecom Italia Quarterly Earnings Advance on Cost Reductions

Bloomberg

Telecom Italia SpA posted the steepest increase in domestic quarterly earnings in seven years in a sign that Chief Executive Officer Flavio Cattaneo's push into more lucrative broadband services and accelerated cost cuts are starting to pay off.

Telecom Italia ups cost cut goal under new CEO after Q1 profit miss

Reuters

Cattaneo replaced Marco Patuano who resigned in March after what sources close to the matter said were clashes over strategy with Vivendi since the French media group became Telecom Italia's top shareholder with a 24.7 percent stake and secured four ..

Brazil's TIM replaces CEO after first-quarter profit slides 60 pct

Reuters

Profit at the Brazilian unit of Telecom Italia fell to 128 million reais ($37 million) from a year ago, below an average analyst estimate of 248 million reais in a Reuters poll.

Telecom Italia Said to Be Close to Picking CEO for Brazil's Tim

Bloomberg

Stefano De Angelis, 48, who currently runs Telecom Italia's consumer business unit, is the leading candidate to replace Rodrigo Abreu as CEO of Tim Participacoes SA, the people said, asking not to be identified because the matter is private.

Telecom Italia does not exclude management changes in Brazil - union rep

Reuters

ROME, April 28 Telecom Italia's new Chief Executive Officer Flavio Cattaneo said on Thursday there are problems with the company's Brazilian business, adding he did not rule out management changes there, union leaders said after meeting him.

Telecom Italia CEO says was never asked to sell Brazil business: paper

Reuters

MILAN Telecom Italia (TLIT.MI TLIT.MI ) Chief Executive Marco Patuano said he has never been asked to sell the company's Brazilian business, following reports that top investor Vivendi (VIV.

Heat is on Telecom Italia's CEO as Vivendi pushes on strategy

Reuters

Patuano, who started his career in Telecom Italia in 1990 straight after university and worked his way up through the ranks to become chief operating officer before taking over as CEO, has stepped up spending on faster fixed and mobile networks as the .

Telecom Italia says not in contact with Oi

Reuters

MILAN Jan 8 Telecom Italia has held no contacts with Oi over the idea of tying up their Brazilian assets, a spokesman for the Italian phone group said on Friday. "There are no contacts, neither formal nor informal, with Oi," the spokesman said in a ...

Exclusive: Telecom Italia, Oi in talks as Brazil may ease rules - sources

Reuters

The board of Telecom Italia SpA (TLIT.MI), which controls TIM (TIMP3.SA), and Oi Chief Executive Officer Bayard Gontijo are leading the talks, ...

UPDATE 1-French businessman Niel sees Telecom Italia as predator

Reuters

In his first detailed comments since he invested in options that could hand him a stake of just over 15 percent in Telecom Italia, Niel told Italian daily La Stampa he was an industrial investor in the group and not a financial "raider". However, he ...

Vivendi wins four Telecom Italia board seats

Financial Times

A fight for influence at Telecom Italia escalated when its largest investor, French group Vivendi, won four board seats and blocked the conversion of savings shares into ordinary shares that would have diluted its stake.

New Brazil rules key for any merger, Telecom Italia CEO says

Reuters

SAO PAULO Updated regulations in Brazil will determine whether wireless carrier TIM Participações SA (TIMP3.SA) considers a tie-up with a local rival, the chief executive officer of controlling shareholder Telecom Italia SpA (TLIT.MI) said on Tuesday.

Telecom Italia Said to Snub Fridman's $4 Billion Oi Offer

Bloomberg

Telecom Italia SpA is inclined to pursue a Brazil strategy on its own and has no plans to hold talks with Mikhail Fridman after the Russian billionaire made an offer valued at as much as $4 billion to prop up a local carrier, according to people ...

Telecom Italia to Review Brazilian Strategy as Economy Worsens

Bloomberg

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Telecom Italia SpA plans to review its strategy in Brazil because of the economic recession in a country that generates almost 30 percent of the phone company's revenue, according to Chief Executive Officer Marco Patuano.

Telecom Italia Stake to Give Vivendi Southern Focus, CEO Says

Bloomberg

Vivendi SA's investment in Telecom Italia SpA is the French company's first step in building a media group with a distinct focus in southern Europe, according to its chief executive officer, who doesn't rule out further boosting its stake in Italy's ...

Telecom Italia to beef up Brazil unit's management to stem falling sales -sources

Reuters

It will appoint Pietro Labriola, a long-standing Telecom Italia manager, to the new role at TIM Participacoes (TIM Brasil), in a move that could be announced as early as next week, the sources said.