Surprises coming up ?, PUBLISHED:
8 hours ago
Estimated reading time: 4 minutes
by Davide Pantaleo
READ MORE ARTICLES ON
Telecom Italia Ftse Mib
Telecom Italia travels just above par, without being influenced by the latest rumors. What’s boiling in the pot?
If you would like support for the business of link building, do not hesitate to contact us. Write to us at [email protected] and discover our products, services and promotions. Together, we will find a solution!
The new week began with a session without particular emotions for Telecom Italia, which moves substantially in line with the Ftse Mib.
Telecom Italia close to parity
The stock, after losing just under one percentage point last Friday, started trading around parity today, staying close to it.
In the last few minutes, Telecom Italia is at € 0.3727, with a fractional increase of 0.27% and over 27 million shares traded, against the average of the last 30 days of approximately 94 million.
Telecom and DANZ ready to offer remedies to authority on football offer
The stock ends up in the spotlight after Bloomberg reported Friday afternoon that Telecom Italia and DAZN would propose remedies to the competition authority in relation to the TIM VISION-DAZN offering.
The remedies should be announced shortly, with the antitrust authority expected to decide on the matter by July 30, and could involve the separation of the football offer and connectivity.
In theory, TIM has already structured an offer that is also available to customers of other TLC operators, but the advertising message on the possibility of unbundling is not very clear.
This could be an area where TIM and DAZN are offering remedies and meanwhile the weekend papers have not offered additional insights.
Telecom Italia under review by Equita SIM
Equita analysts think that it is important for Telecom Italia that the offer is not stopped by the authorities, because they think it can lead to good growth in broadband customers and a reduction in churn.
In detail, experts expect 320,000 broadband customers in the second half of 2021 from 160,000 expected in the first half of the year, even considering the launch of Iliad from the fourth quarter of 2021.
Clearly, compared to the current situation in which TIM is able to take customers from competitors thanks to football content, greater transparency on the possibility for customers to take football content without switching to TIM would reduce the appeal of the new package.
Equita SIM analysts are therefore waiting to learn about the decisions of the authority and the remedies offered by Telecom Italia in order to assess their impact on the numbers of TIM Vision’s offer.
Pending news, the Milanese SIM maintains a cautious view on the stock, with a “hold” recommendation and a target price of € 0.37.
Trend-online Deputy Director, born in 1978.
After completing his studies at the Classical High School “Antonio Calamo” of Ostuni I entered the world of economics.
For about twenty years I have been dealing with Stock Exchange and Finance. After having worked as a financial promoter for several years, in 2005 I joined the Trend-online team as an editor, to later become deputy director of the cylinder head. Among other countless activities, I take care of maintaining relationships with all the experts, analysts and traders, consulted daily by Trend-online.
My motto is? “Life is like a mirror, if you look at it smiling it will smile at you”.