Top 10 Telecom Companies To Invest In Right Now: Telecom Italia SpA (TIT)
Telecom Italia SpA is an Italy-based company engaged in the communications sector. It operates in the fixed and mobile national and international telecommunications sector. Its activities are divided into five business units. The Domestic unit provides telephone and data services on fixed line and mobile networks for retail voice customers and wholesale operators, as well as develop fiber optic networks. The Brazil unit offers mobile services using Universal Mobile Telecommunications System (UMTS) and Global System for Mobile Communications (GSM) technologies. The Argentina unit operates in fixed telecommunications through Telecom Argentina and in mobile telecommunications through Telecom Personal, and in Paraguay it operates in mobile telecommunications through Nucleo. The Media unit produces of multimedia music platforms, satellite channels and television broadcasting platforms. The Olivetti unit operates in the sector of office products and services for Information Technol ogy. Advisors' Opinion:- [By Zahra Hankir]
Brazil's Ibovespa extended its weekly decline to 3.3 percent. Mobile carrier Tim Participacoes SA (TIMP3) sank after parent Telecom Italia SpA (TIT)'s chief executive officer said its Brazilian assets are strategic, damping speculation the local unit will be sold.
- [By Sarah Jones]
Telecom Italia SpA (TIT) increased 6.3 percent to 61.4 euro cents. The Italian phone company that's exploring a separation of its fixed-line assets is considering a sale of an initial 30 percent stake in the new company to state lender Cassa Depositi e Prestiti, two people familiar with the matter said.
source from Top Stocks For 2015:http://www.topstocksblog.com/top-10-telecom-companies-to-invest-in-right-now-3.html!
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