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Argentine telecommunications company Telecom Argentina SA (TEO, TECO2.BA) plans to buy back up to ARS1.2 billion ($229 million) worth of its own shares, the company said in an exchange filing Thursday.The plan, which will run through April 24, will buy back shares representing up to 10% of the company's market capitalization.Profits booked in 2012 will be used for the buyback at a price of between ARS1 and ARS32.50 per share, Telecom said.Telecom Argentina shares fell 0.9% to ARS27 on Thursday.The program is designed to "defend the best interest of the shareholders in the face of damages suffered due to repeated fluctuations in capital markets due to the international macroeconomic context," the company said.The plan is also in the interest of shareholders "considering the relationship between the share price and [Telecom's] income, and when compared to the market value of similar telecommunications companies in the region," Telecom said in the statement.Telecom Italia SpA (TI, TIA, TI...
The board of Italy's largest telecommunication operator Telecom Italia (TIT.MI) Wednesday agreed to continue to discuss possible "integration" with Hong Kong conglom...
Two of Europe's biggest telecom operators reported lower revenues on Wednesday, blaming the weak European economy and stiff regulation while seeing some bright spots...
Brazil's March mobile-phone subscriptions rose at a higher pace on-month, while Telefonica Brasil SA (VIVT4.BR, VIV), also known as Vivo, lost ground in the period, ...
The chief executive officer of Telecom Italia SpA (TIT.MI) Wednesday apologized to shareholders over recent stock losses and said he shares the unhappiness of invest...
Huawei Technologies will lead a 1 billion euro ($1.3 billion) mobile-network upgrade for Italy's Wind Telecommunicazioni SpA, the latest in a string of deals as the ...
The board of Italy's largest telecommunications operator, Telecom Italia (TIA, TI, TIT.MI), Thursday gave the go-ahead for talks on a possible merger with the Italia...
Brazil's TIM Participacoes SA (TSU, TIMP3.BR), the country's second-largest mobile-phone operator, approved investments of 3.6 billion Brazilian reais ($1.83 billion...
Telco, the holding company controlling Telecom Italia (TI, TIA, TIT.MI) said late Tuesday it had no contacts with Hutchison Whampoa Ltd. (HUWHY, 0013.HK) or with Tel...
International companies trading in New York closed higher Tuesday, getting a lift from shares of mining firms boosted by data out of China.The Bank of New York index...
Telecom Italia SpA (TIT.MI), Italy's former telephone monopoly, Friday said it's in preliminary talks over the possible merger with the Italian mobile phone business...
The board of Italy's largest telecommunications operator, Telecom Italia (TIT.MI), will discuss a possible merger between its mobile phone division and the Italian m...
The board of Italy's largest telecommunications operator, Telecom Italia (TIT.MI), will discuss a possible merger between its mobile phone divison and the Italian mo...
Italy's largest telecom operator Telecom Italia (TIT.MI) said Thursday it will make a final decision on whether to spin off its fixed-line network on May 30, as the ...
Rating agency Standard & Poor's said Thursday it has lowered its long- and short-term corporate credit ratings on Telecom Italia SpA (TIT.MI) to BBB- from BBB, and o...
Brazil's mobile-phone subscriptions in April rose at a slower pace from the prior month, while market leaders gained ground in the period, telecommunications regulat...
Telecom Italia SpA (TI), Italy's former telecommunications monopoly, said Wednesday it offered to buy back up to $750 million of Telecom Italia Capital SA's bonds as...
Assicurazioni Generali SpA (G.MI) Chief Executive Mario Greco said Friday that he is in favor of any project which could improve the value of Telecom Italia SpA (TIT...
Italy's largest telecommunications operator Telecom Italia (TIT.MI) hasn't decided whether a deal with Hutchison Whampoa (HUWHY, 0013.HK) is feasible or not, Chief E...
Italy's largest telecommunications operator Telecom Italia SpA (TI, TIT.MI) said Wednesday its net profit fell almost 40% in the first quarter, following declining s...
