New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 19, 2014
07:21 EDTTI, TEFTelecom Italia largest owner to propose Recci as chairman, Bloomberg says
Telecom Italia (TI) main owner, Telco, is set to propose Giuseppe Recchi as chairman to lead the company's turnaround effort, according to Bloomberg, citing people familiar with the matter. Telco is a Telefonica (TEF)-led holding company that owns 22.4% of the Italian phone carrier. Reference Link
News For TI;TEF From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
October 24, 2014
06:39 EDTTITelecom Italia nears agreement to divest TIM mobile towers, Reuters says
Subscribe for More Information
October 17, 2014
07:26 EDTTEFTelefonica axes 1.6K German jobs after E-Plus deal, WSJ says
As Telefonica gains E-Plus, the company's German division will reduce over 1.6K staff members in the country, according to The Wall Street Journal, citing a person familiar with the matter. Telefonica's German division employs 9.1K workers total at the moment. Reference Link
October 14, 2014
09:51 EDTTITelecom Italia CEO says Tim Participacoes not in rush for deal, Reuters reports
Telecom Italia (TI) CEO Marco Emilio Patuano told Valor Economico that TIM Participaçoes (TSU) can remain competitive in Brazil for five years without losing market share and that it is not in a rush for potential mergers and acquisitions, reported Reuters. TIM Brasil reportedly hired an advisor to look at a potential bid for Oi (OIBR), a source told Reuters previously, and Oi itself has hired a bank as well to advise it on a possible bid for Telecom Italia's 67% stake in TIM Brasil, the report noted, but Patuano told Valor: "I find it curious to see public comments [on a potential Oi bid for TIM] well before there is any concrete possibility of such a thing happening. Telecom Italia is not seeking an offer." Reference Link

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use