Retelit S.p.A.

Equities

LIT

IT0004370463

Integrated Telecommunications Services

Delayed Borsa Italiana Other stock markets 01:54:09 2021-11-25 am EST			5-day change	1st Jan Change
3.1 ^EUR	-.--%		-.--%	-.--%

Feb. 06	Retelit Appoints Mimmo Zappi as Chief Commercial Officer	CI
Jan. 31	Retelit S.p.A. acquired BT Enìa Telecomunicazioni from BT Italia S.p.A.	CI

Reti Telematiche Italiane : Retelit CEO says activist investor supports current plan, open to M&A

March 28, 2018 at 08:42 am EDT

MILAN (Reuters) - Activist investor Shareholder Value Management (SVM) supports Retelit's current business plan, the chief executive of the Italian telecoms infrastructure group said on Wednesday, adding possible acquisitions would be considered.

Speaking to Reuters on the sideline of a conference, CEO Federico Protto said Retelit's core shareholders, who signed a pact with SVM, backed the current management's strategy.

SVM has teamed up with Retelit's top investor Bousval to elect a new board next month but keep the current chairman and chief executive officer.

(Reporting by Massimo Gaia)

Latest news about Retelit S.p.A.

Retelit Appoints Mimmo Zappi as Chief Commercial Officer	Feb. 06	CI
Retelit S.p.A. acquired BT Enìa Telecomunicazioni from BT Italia S.p.A.	Jan. 30	CI
Retelit S.p.A. signed an agreement to acquire BT Enìa Telecomunicazioni from BT Italia S.p.A.	Dec. 14	CI
Retelit Announces Chief Executive Officer Changes	23-07-07	CI
Asterion Industrial Partners acquired a 35.3% stake in Retelit S.p.A.( 924810 ).	21-11-30	CI
Asterion Industrial Partners acquired Retelit S.p.A. from Marbles S.r.l.	21-11-30	CI
Marbles S.r.l. completed the acquisition of 71.3% stake in Retelit S.p.A. from Federico Protto and others	21-11-18	CI
Retelit S.p.A. Reports Earnings Results for the Nine Months Ended September 30, 2021	21-11-12	CI
Retelit S.p.A.(BIT:LIT) dropped from S&P Global BMI Index	21-10-08	CI
Retelit S p A : Asterion Industrial Partners Unit Exceeds 66% Threshold In Retelit	21-09-28	MT
Retelit S p A : Shares Rise 6% As Asterion Industrial Partners Sweetens Takeover Bid	21-09-13	MT
Retelit S.P.A. Reports Earnings Results for the Half Year Ended June 30, 2021	21-08-06	CI
Transcript : Retelit S.p.A., H1 2021 Earnings Call, Aug 05, 2021	21-08-05
Marbles S.r.l. launched a tender offer to acquire 71.3% stake in Retelit S.p.A. from Federico Protto and others for approximately ?350 million.	21-05-30	CI
Retelit appoints Mario Bacchini as CEO of Retelit MED	21-04-07	CI
Transcript : Retelit S.p.A., 2020 Earnings Call, Mar 15, 2021	21-03-15
Retelit S.P.A. Provides Financial Guidance for the Year 2021 and for the 5 Years	21-03-15	CI
Retelit S.P.A. Reports Earnings Results for the Full Year Ended December 31, 2020	21-03-14	CI
Exclusive: Activist investor Ferrari targets environment, social laggards with new fund	20-11-27	RE
Transcript : Retelit S.p.A., Nine Months 2020 Earnings Call, Nov 11, 2020	20-11-11
Retelit S.P.A. Reports Earnings Results for the Nine Months Ended September 30, 2020	20-11-10	CI
Marbles Srl entered into an agreement to acquire 9.99% stake in Retelit S.p.A. from Axxion S.A. for €41.9 million.	20-09-30	CI
Jesús Olmos signed an agreement to acquire 13.86% stake in Retelit S.p.A. from Athena Private Equity SA, Pilota S.R.L. and Oak Tree S.R.L. for €63.4 million.	20-09-30	CI
Transcript : Retelit S.p.A., Q2 2020 Earnings Call, Aug 04, 2020	20-08-04
Retelit Digital Services S.p.A. completed the acquisition of additional 7.23% stake in Retelit S.p.A..	20-06-30	CI

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Company Profile

Reti Telematiche Italiane SpA (Retelit SpA) is an Italy-based company. The Company is active in the telecommunications market. It provides telecommunications infrastructures and data transmission services. The Companyâs services portfolio includes broadband connectivity, Internet protocol (IP) and multiprotocol label switching (MPLS) services, data centre services, including co-location and housing, and infrastructure. As of December 31, 2011, the Company operated 8,200 kilometers (km) of fiber-optic network, which serves urban and industrialized areas of the Italian territory, as well as a number of data centers, which are designed to house information and communications technology (ICT) systems connected to the network and technological solution guaranteeing integrity and operational continuity. In June 2014, the Company established new subsidiary, Retelit USA LLC.

Sector

Integrated Telecommunications Services

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