Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Italian Stock Exchange  >  Telecom Italia    TIT   IT0003497168

TELECOM ITALIA (TIT)
Mes dernières consult.
Most popular
Report
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Telecom Italia : Appoints Amos Genish as New CEO

share with twitter share with LinkedIn share with facebook
share via e-mail
0
09/28/2017 | 08:01pm CET
   By Pietro Lombardi 
 

Telecom Italia SpA (>> Telecom Italia) has named Amos Genish as chief executive officer, the company said Thursday, a widely expected move after he was made general manager for operations in July.

Prior to joining Telecom Italia, Mr. Genish had been appointed as chief convergence officer at Vivendi SA (>> Vivendi), leading the French media company's efforts to expand its content distribution across platforms. Vivendi has a stake of about 24% in Telecom Italia.

Mr. Genish's appointment as CEO fills a post that has been empty since July, when Telecom Italia's then-CEO, Flavio Cattaneo, stepped down after only 16 months in the job amid growing tensions with its French shareholder. The resignation came about a month after Arnaud de Puyfontaine, Vivendi's chief executive, became Telecom Italia's executive chairman.

Telecom Italia "must have a constructive collaboration with the institutions and regulators," said Mr. de Puyfontaine, commenting the appointment.

Executive Deputy Chairman Giuseppe Recchi will have deputy functions and will oversee the group's activities and assets "relevant for security and national defense purposes," the company said.

Vivendi is fighting a regulatory battle in Italy over Telecom Italia. Earlier this month, Vivendi said it would appeal a decision by Italy's securities market regulator which deemed that the French media conglomerate has de facto control over Telecom Italia. Telecom Italia has also said it would challenge the watchdog's decision.

The Italian government has also been investigating whether Vivendi has de facto control of Telecom Italia, a sign of its concern over a strategic national asset falling into foreign ownership.

Write to Pietro Lombardi at [email protected]

Stocks mentioned in the article : Telecom Italia, Vivendi
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on TELECOM ITALIA
12/13 TELECOM ITALIA : CEO calls for talks on network governance with watchdog
12/11 Mediaset hopes truce with Vivendi to come with content deal with Telecom Ital..
12/07 TIM : clarification at Consob’s request
12/05 TIM : The Board started an analysis of the guidelines for the 2018-2020 Business..
12/04 TELECOM ITALIA : TIM's board to discuss network options this week - source
12/01 TIM SHOW : the best content at no cost for TIM mobile customers
11/30 TIM : TIM: Francesco Micheli steps down as Head of HR
11/28 TELECOM ITALIA : TIM and Ericsson speed up on 5G with a new technological partne..
11/27 TIM : first meeting between Amos Genish, the new CEO, and the Trade Unions
11/24 Mediaset shares jump on hopes of Vivendi settlement
More news
News from SeekingAlpha
12/11 MEDIASET : Telecom Italia may pave way for truce with Vivendi
12/04 REUTERS : Telecom Italia to weigh network separation this week
11/24 Telecom Italia continues talks with Mediaset, but Vivendi settlement far off
11/13 Telecom Italia -2.8% as Goldman cuts to Neutral
11/13 Telecom Italia S.P.A. 2017 Q3 - Results - Earnings Call Slides
Financials (€)
Sales 2017 19 715 M
EBIT 2017 4 141 M
Net income 2017 1 504 M
Debt 2017 26 500 M
Yield 2017 0,58%
P/E ratio 2017 11,09
P/E ratio 2018 9,90
EV / Sales 2017 2,12x
EV / Sales 2018 2,07x
Capitalization 15 343 M
Chart TELECOM ITALIA
Duration : Period :
Telecom Italia Technical Analysis Chart | TIT | IT0003497168 | 4-Traders
Technical analysis trends TELECOM ITALIA
Short TermMid-TermLong Term
TrendsNeutralBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 27
Average target price 0,99 €
Spread / Average Target 31%
EPS Revisions
Managers
NameTitle
Amos Genish Chief Executive Officer & Director
Arnaud Nicolas de Puyfontaine Executive Chairman
Piergiorgio Peluso CFO, Head-Administration, Finance & Control
Roberto Mazzilli Head-Information Technology & Security Compliance
Lucia Calvosa Independent Director
Sector and Competitors
1st jan.Capitalization (M$)
TELECOM ITALIA-9.20%18 082
VERIZON COMMUNICATIONS-5.55%211 478
NIPPON TELEGRAPH AND TELEPHONE CORP15.88%106 296
DEUTSCHE TELEKOM-6.27%85 949
TELEFONICA-2.20%52 541
ORANGE1.42%45 855