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Telecom Italia S.p.A. (TIAOF)

OTC Markets OTCPK - OTC Markets OTCPK Delayed price. Currency in USD
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0.26990.0000 (0.00%)
At close: 12:02PM EDT
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Trade prices are not sourced from all markets
Previous close0.2699
Open0.2699
Bid0.2221 x 0
Ask0.2500 x 0
Day's range0.2699 - 0.2699
52-week range0.2100 - 0.3600
Volume2,500
Avg. volume23,695
Market cap6.416B
Beta (5Y monthly)1.01
PE ratio (TTM)N/A
EPS (TTM)-0.0600
Earnings date31 Jul 2024
Forward dividend & yieldN/A (N/A)
Ex-dividend date21 Jun 2021
1y target estN/A
  • Reuters

    Brazil's TIM may benefit from Telecom Italia's network sale

    The chief executive of TIM Brasil, Alberto Griselli, said on Thursday that its parent company Telecom Italia's agreement to sell its physical network could provide an additional boost for its business in Brazil. "Brazil is the group's priority; the crown jewel," he told Reuters on the outskirts of an innovation and technology event in Rio de Janeiro.

  • Reuters

    Moody's lifts Telecom Italia rating with network sale in sight

    Moody's on Wednesday raised Telecom Italia's credit rating by one notch to Ba3 and maintained a positive outlook as the debt-laden telecoms company nears the completion of the sale of its fixed-line access network to KKR for up to 22 billion euros. Moody's upgrade followed the unconditional approval of the deal by the European Union antitrust authority. Moody's had put the Telecom Italia (TIM) rating on review for upgrade by one to two notches after the company approved the KKR deal in November.

  • Reuters

    KKR wins EU nod for $24 billion Telecom Italia fixed-line network deal

    BRUSSELS/MILAN (Reuters) -U.S. investment firm KKR secured unconditional EU antitrust approval on Thursday for its up to 22-billion-euro ($24 billion) acquisition of Telecom Italia's (TIM) fixed-line network. The European Commission's announcement confirmed a Reuters' story last week. "The Commission investigated the impact of the transaction on the market for wholesale broadband access services in Italy and concluded that it would not significantly reduce the level of competition," the EU executive, which also acts as the EU antitrust watchdog, said in a statement.