Live Trump's steep tariffs are rocking markets and reshaping alliances. Follow the latest updates. OTC Markets OTCPK - Delayed Quote • USD Telecom Italia S.p.A. (TIIAY) Follow Compare 3.3900 +0.0100 +(0.30%) As of April 2 at 4:00:00 PM EDT. Market Open. All News Press Releases SEC Filings Poste Italiane Now Runs Telecom Italia, and Deals Could Follow (Bloomberg) -- After a decade under French control, Telecom Italia SpA now has an Italian state-backed group as its top investor — and it’s one that wants to foster mergers and acquisitions in the telecoms market.Most Read from BloombergGold-Rush Fever Returns to Historic New Zealand Mining TownWhat Frank Lloyd Wright Learned From the DesertBank Regulators Fight for Desks as OCC Returns to New York TowerThese US Bridges Face High Risk of Catastrophic Ship StrikesCharter Schools, Colleges Push Mu Poste to become Telecom Italia's No.1 investor by buying 15% from Vivendi MILAN (Reuters) -Poste Italiane has agreed to buy the bulk of Vivendi's stake in Telecom Italia to replace the French group as the main investor in the phone group with a 24.8% holding, Poste said on Saturday. Confirming what sources had earlier told Reuters, Poste said it was buying a 15% stake in TIM from Vivendi, which had recently reduced its holding to 18.4%. Poste said it would use available cash to fund the 684 million euro ($741 million) investment, buying shares in TIM at 0.2975 euros each. Poste Aims to Raise Telecom Italia Stake to Nearly 25% (Bloomberg) -- Italy’s state-run postal service is planning to raise its stake in Telecom Italia SpA to nearly 25% in a bid to become the phone carrier’s largest investor, replacing French conglomerate Vivendi SE, according to people familiar with the matter.Most Read from BloombergWhy Did the Government Declare War on My Adorable Tiny Truck?Gold-Rush Fever Returns to Historic New Zealand Mining TownHow SUVs Are Making Traffic WorseTrump Slashed International Aid. Geneva Is Feeling the Impact.Th Top Telecom Italia investor Vivendi appeals ruling in grid sale case, sources say Telecom Italia's (TIM) top investor Vivendi has appealed against a court decision that threw out an earlier attempt by the French group to fight the sale of the phone group's landline network, two sources told Reuters. Vivendi, which holds a 24% voting stake in TIM, turned to a Milan court in December 2023 to challenge the TIM board's decision to sell the grid, saying it should have been put to a shareholder vote. The sale, worth up to 22 billion euros ($23.1 billion), was finalised in July 2024 with backing from Italy's government, leading to strained relations between TIM and its single biggest investor. Italian government secures 70% “strategic” stake in Sparkle The Sparkle deal isn’t the first acquisition by a government, in a similar move in June 2024, the French government acquired an 80% stake in ASN. Is Telecom Italia S.p.A. (TIIAY) the Best Italian Stock to Buy in 2025? We recently published a list of 12 Best Italian Stocks to Buy in 2025. In this article, we are going to take a look at where Telecom Italia S.p.A. (OTC:TIIAY) stands against other best Italian stocks to buy in 2025. As per Deloitte, the broader Italian economy slowed down in 2024, with moderate growth. The […] Italy and Asterion submit fully financed bid for Telecom Italia's Sparkle A Treasury-led consortium submitted a new binding bid on Tuesday for Telecom Italia's (TIM) subsea cable business Sparkle, three sources close to the matter told Reuters. The proposal confirmed a Sparkle valuation of 700 million euros ($724.22 million), in line with an initial offer sent in December, the sources said. Sparkle is deemed of strategic importance by Italian authorities, given its 600,000km cable network, which transmits information between countries in Europe, the Mediterranean and the Americas. Are Utilities Stocks Lagging Companhia de saneamento Basico Do Estado De Sao Paulo Sabesp (SBS) This Year? Here is how Sabesp (SBS) and Telecom Italia (TIIAY) have performed compared to their sector so far this year. Telecom Italia upgraded to Neutral from Underperform at Exane BNP Paribas Exane BNP Paribas upgraded Telecom Italia (TIIAY) to Neutral from Underperform. The firm is “cautiously optimistic” on European telecoms in 2025, saying the group may be coming to the end of a multiyear earnings downgrade cycle, supported by merger catalysts in the near term. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today’s best-performing stocks on TipRanks >> Read More on TIIAY: Telecom Italia S.P.A. Reports Growth in 2 Telecom Italia CEO Says He’s Committed to Role, Won’t Resign (Bloomberg) -- Telecom Italia SpA Chief Executive Officer Pietro Labriola said he is committed to seeing through the phone carrier’s turnaround plan after he slashed its debt load in a landmark deal to sell its network this year.Most Read from BloombergKey Ballot Initiatives and Local Races Highlight Views on Abortion, ImmigrationParis Restricts Through Traffic in City CenterThe Leaf Blowers Will Not Go QuietlyFrom Housing to Immigration, Key Ballot Initiatives and Local Races to Follow“My team Telecom Italia S.p.A. (TIIAY): Significant Net Debt Reduction Boosts Credit Profile We recently published a list of 10 Best Italian Stocks To Buy Now. In this article, we are going to take a look at where Telecom Italia S.p.A. (OTC:TIIAY) stands against the other best Italian stocks to buy now. Italy’s economy has shown remarkable resilience in the face of recent crises, but its growth is […] Telecom Italia shares up on potential Vivendi stake sale Shares of Telecom Italia (ETR:TLIT) jumped on Monday following a report from Corriere della Sera that a consortium of investors is considering the acquisition of Vivendi (OTC:VIVHY)'s stake in the Italian telecom giant. At 6:52 am (1052 GMT), Telecom Italia was trading 2.8% higher. The consortium reportedly includes Andrea Pezzi, a former Vivendi consultant in Italy, and Claudio Costamagna, the former president of state lender Cassa Depositi e Prestiti. Telecom Italia sells INWIT stake to Ardian for €250m An agreement has been reached with Ardian and Daphne 3 to sell the residual stake in INWIT. 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. 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. Update: Market Chatter: KKR Reportedly Expected to Receive Unconditional EU Antitrust Approval for Telecom Italia Deal Update: Market Chatter: KKR Reportedly Expected to Receive Unconditional EU Antitrust Approval for Telecom Italia Deal Stocks to watch this week: Salesforce, Pets at Home, Abercrombie & Fitch and Dr Martens Earnings preview of key companies reporting this week and what to look out for. Sector Update: Financial Stocks Advance Pre-Bell Friday Sector Update: Financial Stocks Advance Pre-Bell Friday Market Chatter: KKR Reportedly Expected to Receive Unconditional EU Antitrust Approval for Telecom Italia Deal Market Chatter: KKR Reportedly Expected to Receive Unconditional EU Antitrust Approval for Telecom Italia Deal Exclusive-KKR set for unconditional EU antitrust okay for Telecom Italia deal, sources say BRUSSELS/MILAN (Reuters) -U.S. investment firm KKR is expected to get unconditional EU antitrust approval to buy Telecom Italia's (TIM) fixed-line network after agreeing to keep commercial agreements with TIM rivals, people with direct knowledge of the matter said. KKR did not offer remedies on Thursday, the deadline for doing so, according to an update on the European Commission's website on Friday. KKR declined to comment. Performance Overview Trailing total returns as of 4/3/2025, which may include dividends or other distributions. Benchmark is FTSE MIB Index (FTSEMIB.MI) Return TIIAY FTSE MIB Index (FTSEMIB.MI) YTD +34.79% +8.44% 1-Year +44.87% +7.51% 3-Year -6.09% +47.32%