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Investing.com -- Telecom Italia shares fell on Monday after Poste Italiane’s tender offer closed with the group holding 85.82% of the company, short of the 90% needed to delist the stock.
Investing.com -- Telecom Italia posted second-quarter core earnings on Wednesday that matched analyst expectations, with growth in its Brazilian unit and enterprise division alongside a return to growth in its domestic market.
The selected participants for digital euro pilot include banks and non-bank providers.
Italy has picked an unlikely champion to develop its technology infrastructure and protect digital sovereignty: its national postman. Poste Italiane, the postal service which pays out pensions through 12,600 post offices that are as much a feature of remote towns as the local church, is betting on its €13.5 billion ($15.4 billion) bid for Telecom Italia (TIM) to accelerate its shift into digital, telecom and cloud services. Over the past decade it has signed up 30 million users - around 70% of the total - to Italy's digital ID system to access public services online.
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