Telecom Italia S.p.A. Sponsored ADR

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Company Profile

Telecom Italia SpA engages in the provision of telecommunication and Internet services, digital contents, and cloud services. It operates through the following business segments: Domestic, Brazil, Media, and Other Operations. The Domestic segment includes operations in Italy for voice and data services on fixed and mobile networks for retail and wholesale customers; the international wholesale through Telecom Italia Sparkle; and products and services for information technology through the Olivetti group. The Brazil segment covers the mobile and fixed telecommunications operations in Brazil. The Media segment specializes in the management of digital multiplexes. The Other Operations segment consists of finance companies and other minor companies not strictly related to the core business. The company was founded in 1994 and is headquartered in Rome, Italy.