In Piazza Affari, the spotlight is on Telecom which, in the late morning, gains 1,90% on the Stock Exchange, making itself known as the most brilliant stock on the Italian stock market, which in the same minutes travels in negative territory.
The market's interest in the company's possible equity and industrial developments has pushed the telephone company's prices up, an interest fueled by the statements made by Telecom's management during the weekend's Ambrosetti workshop in Cernobbio.
Several scenarios are still open as regards South American strategies: CEO Marco Patuano reiterated the centrality of Tim Brasil and the Brazilian market, while for Telecom Argentina the sale agreement to Fintech needs to be translated into a definitive operation. On the other hand, the possibility of an approach with Mediaset fades away, sharply denied by the president of Telecom Giuseppe Recchi.
