Telecom Italia S.P.A. (OTCMKTS:TIAIY – Get Free Report)’s share price hit a new 52-week high on Friday . The stock traded as high as $7.75 and last traded at $7.75, with a volume of 565 shares traded. The stock had previously closed at $7.45.
Telecom Italia Trading Up 4.0%
The company has a 50-day moving average of $6.76 and a two-hundred day moving average of $6.09.
Telecom Italia Company Profile
Telecom Italia S.p.A. (OTCMKTS:TIAIY) is a leading Italian telecommunications operator that provides a broad range of fixed-line, mobile voice and data services. The company’s offerings span consumer broadband connections, mobile telephony plans and pay-TV packages under its TIM brand. Telecom Italia also delivers wholesale network capacity and managed connectivity solutions to other carriers and service providers.
Headquartered in Rome, Telecom Italia traces its origins to Italy’s state-owned telephone monopoly and was established in its current form in 1994 following privatization and corporate restructuring.
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