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Stock Market & Financial Investment News

News Breaks
December 2, 2013
05:56 EDTTEF, TITelecom Italia says not planning to sell Tim Brasil stake
The company reaffirms the strategic importance for the group of its shareholding in Tim Brasil and in the Brazilian market, denying that there are any ongoing contacts with potential buyers of the subsidiary, that a sale or combination with other operators are being pursued or that purchase offers have been received, not even unsolicited. In Brazil, the Telecom Italia (TI) and Telefónica Groups (TEF) continue to be competitors and parties to a fair contest, in strict compliance with local rules, particularly, as far as Telecom Italia is concerned, with the aforementioned "New Procedure for compliance with the Agreement of April 28, 2010 with the Conselho Administrativo de Defesa Econômica”. Telecom Italia wishes to make clear that the rumors of presumed plans for the deconsolidation and/or total or partial valuation of the Brazilian asset, described and repeated by journalists, pundits and analysts are inferences wholly without foundation. Reference Link
News For TI;TEF From The Last 14 Days
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April 17, 2014
06:15 EDTTITelecom Italia appoints Giuseppe Recchi as chairman
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April 16, 2014
06:20 EDTTEFTelefonica, Blackstone to form Axonix mobile-advertising venture, WSJ reports
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April 15, 2014
07:54 EDTTEFTelefonica offers to help make E-Plus replacement to ease concerns, FT says
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April 10, 2014
06:56 EDTTITelecom Italia said to team with Murdoch's Sky, Bloomberg says
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