Telecom Italia S.p.A. (TIIAY)
Telecom Italia S.p.A. operates in the Telecommunications Services industry of the Communication Services sector, headquartered in Rome, RM, IT. The stock last traded at $8.20, down 3.53% on the session, giving a market capitalisation of $1.74B. On trailing twelve-month figures it carries a trailing P/E of 62.48, a net margin of 1.7%. Its beta of 0.76 implies it has historically moved less than the broad market.
Telecom Italia S.p.A., together with its affiliated entities, is a prominent provider of fixed-line and mobile telecommunications services, operating both within Italy and across international markets. The company organizes its extensive operations into three primary divisions: Domestic, Brazil, and a segment encompassing Other Operations. For individual consumers and households, it delivers a comprehensive suite of services including fixed and mobile voice communication, internet connectivity, and public telephony, complemented by various tailored products. Addressing the needs of small to medium-sized enterprises (SMEs), home offices, the public sector, and large corporate clients, Telecom Italia offers an array of voice, data, and internet solutions, alongside advanced information and communications technology (ICT) services for both fixed and mobile networks. Beyond its direct customer offerings, the company develops and manages a diverse portfolio of wholesale services for other telecommunications operators, encompassing both regulated and unregulated offerings. This also includes the crucial activities of developing, engineering, constructing, and maintaining its network infrastructures, IT systems, and physical properties. Its operational scope further extends to essential customer support functions, credit management, and initiatives focused on fostering customer loyalty and retention. A significant strategic alliance has been formed with Google Cloud. Founded in 1908, Telecom Italia S.p.A. maintains its corporate headquarters in Rome, Italy.
Telecom Italia S.p.A. is most often compared with the following Communication Services names: