Telecom Italia (TIM) said on Wednesday its board of directors approved a 700 million euro ($725.97 million) sale of its submarine cable unit Sparkle to a consortium led by Italy's Treasury.

Shares in Telecom Italia were trading 5% higher at 2:51 p.m. in Milan, giving the company a market value of €6.6 billion ($6.8 billion). Vivendi was also up 5% for a market capitalization of € ...

Billionaire Xavier Niel and CVC Capital Partners Plc are separately exploring deals for Telecom Italia SpA that could pave the way for an eventual combination of the former monopoly with the local ...

M&A speculation is swirling around Telecom Italia European telco Iliad is reportedly interested in merging its Italian business with the national operator Private equity firm CVC is also believed to ...

Deutsche Bank analyst Keval Khiroya raised the firm’s price target on Telecom Italia (TIIAY) to EUR 0.34 from EUR 0.32 and keeps a Hold rating on the shares. Published first on TheFly – the ...

ROME (Reuters) - 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 ...

MILAN, Feb 7 (Reuters) - CVC Capital Partners (CVC.AS), opens new tab has sounded out Italian government officials over its plans to buy Vivendi's (VIV.PA), opens new tab stake in Telecom Italia ...

Iliad Group is exploring a possible tie-up with Telecom Italia (TIM) in Italy. Reuters reported that Iliad Group, which is owned by Xavier Niel, has met with Italy's economy minister and top ...

Kepler Cheuvreux upgraded Telecom Italia (TIIAY) to Buy from Hold with a price target of EUR 0.35, up from EUR 0.26. The firm says the shares ...

MILAN: An Italian court rejected a request by Telecom Italia's (TIM) top investor Vivendi to annul the former phone monopoly's decision to sell its landline grid to a consortium led by KKR ...

An Italian court of appeals has confirmed that the government must return about €1 billion ($1 billion) to phone carrier Telecom Italia SpA as part of a legal case dating back to the late 1990s.

Telecom Italia is on the brink of a €1bn windfall India’s Vodafone Idea is set for a massive financial reprieve Honor gets a new pre-IPO CEO In today’s industry news roundup: Telecom Italia should ...