What kind of services does Telecom Italia offer?

Telecom Italia S.p.A., through subsidiaries, offers fixed line and mobile telephone and data transmission services in Italy and abroad. The Company offers local and long-distance telephone, satellite communications, Internet access, and teleconferencing services.

Why did Telecom Italia Stock fall on Friday?

Shares in Telecom Italia fell more than 6% on the Milan bourse on Friday on growing uncertainty over Italy’s plans for a single super-fast broadband network.

Who are the major shareholders of Telecom Italia?

Comgest and Swedbank Robur Fonder AB, two top investors, bolstered their shareholdings in December, days after Solutions 30 said an anonymous report was being circulated with false allegations against the company.The firm has repeatedly denied any wrongdoing.

How is the chip shortage affecting Telecom Italia?

Telecom Italia is starting to see the first effects of the global chip shortage on its equipment supply, the head of Italy’s biggest phone group said on Thursday. The worldwide shift to remote working and learning during the pandemic had boosted demand for laptops and other gadgets, exacerbating a global chip shortage.

What is the market cap of Telecom Italia?

Market Cap $12.2B Telecom Italia SpA engages in the provision of telecommunication and Internet services; digital contents, and cloud services. It operates through the following business segments: Domestic, Brazil, Media, and Other Operations. The Domestic segment includes operations in Italy for voice and data services on fixed…

Shares in Telecom Italia fell more than 6% on the Milan bourse on Friday on growing uncertainty over Italy’s plans for a single super-fast broadband network.

Who is the parent company of Telecom Italia?

Rome has been trying to create a national network by merging Open Fiber, a broadband firm jointly owned by state lender Cassa Depositi e Prestiti (CDP) and utility Enel, with the landline grid assets of former monopoly Telecom Italia (TIM).