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FINANCIAL RESULTS & AGM

20 December – The ordinary sessions of the Telecom Italia Shareholders' Meeting voted against the proposal of the shareholder Findim Group S.A. to remove the BoD and in the extraordinary session approved the increase in share capital through the issue of ordinary shares to enable the conversion of the mandatory convertible bonds.
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7 November - The Telecom Italia Board of Directors, examined and approved both the Group’s Interim Financial Statements at 30 September 2013 and the 2014-2016 strategic plan for 3.4 billion euros in innovative investments in Italy for NGN, LTE and Cloud Computing.
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2 August - The Telecom Italia Board of Directors, chaired by Franco Bernabè, yesterday examined and approved the Group’s First Half Financial Report at 30 June 2013.
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“Telecom Italia”, underlined the Chairman Bernabè, “having acknowledged the context, deemed it appropriate to downwardly revise the guidance for the year in relation to the consolidated EBITDA, just like the domestic Ebitda. Whereas the current operational and financial dynamics allowed the confirmation for 2013 of both the "Stable" guidance for the Group's turnover, and that concerning the reduction of the net debt to under 27 billion euros”.

8 May - Telecom Italia's Board of Directors met today, chaired by Franco Bernabè to approve the quarterly results, examined the possible aggregation with 3 Italia and the network spin-off project.
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17 April - Telecom Italia shareholders' meeting held.

Approved: 2012 financial statements, section one of Remuneration Report, integration to the Board of Statutory Auditors for the  years 2013-2014, Employee Stock Ownership plan 2013 approved in extraordinary session.
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8 February – Telecom Italia Board of directors illustrated and approves the update to the 2013-2015 three-year plan.
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8 February - The Telecom Italia Board of Directors examined and approved the Group’s Preliminary Financial Statements at 31 December 2012.

Bernabè commented: “The Group has succeeded in achieving revenue growth in 2012, while maintaining good profitability, among the strongest in the industry, also thanks to its domestic performance that has met all the targets for the year and reaffired its vital role as a key source of cash flow for the group. We can also look ahead with greater confidence thanks to the fresh regulatory approach taken by the EU to guarantee stability of wholesale copper prices and proper incentives for investment in new fibre networks. This new approach will allow us to act more effectively in the challenging competitive environment which the evolution of web-based services is producing.”
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FIXED ACCESS NETWORK AND NGAN DEVELOPMENT

19 December – In acknowledging today's decision by AGCom, the Italian National Regulatory Authority for Communications, to confirm the proposed reduction of the economic conditions of the 2013 offer for copper network access services, despite the pertinent observations made in the Recommendation of the European Commission, Telecom Italia reserves the right to take any action that is appropriate to protect its interests.
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7 November -Telecom Italia Board of Directors has decided to confirm the project for voluntary separation of the access network, giving priority to the creation of the "Equivalence of Input " (EoI) model through functional separation.
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15 July - The Board of Directors of Telecom Italia S.p.A. examined the impact of recent decisions taken by Italian Communications Authority (AGCOM) regarding the access network spin-off plan approved on 30 May 2013.
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11 July - Telecom Italia: Agcom decision in contrast with EU guidelines, unfavourable to the development of the Ngan Network.
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20 June - Telecom Italia rolls out fiber-optic services in 22 additional cities; 100 megabit access available in Milan.
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19 June - The development of the telecommunications network - Telecom Italia hearing at the Senate of the Republic on the access network spin-off project.  

Bernabè: “... the access network spin-off project will have positive effects for Telecom Italia and its shareholders but even more so for our Country, which through this profound reorganisation of the industry will be able to benefit from a notable relaunch of investments in one of the sectors of the economy that is most important for modernisation.

The impetus towards the digitalisation of the economy that the separation project will provide will allow the competitiveness of our country's enterprises and the efficiency of our Public Administration to improve in a profound and lasting way, reduce public expenditure and create new opportunities for growth, employment and social cohesion."
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30 May - Telecom Italia Board of Directors approves Access Network Spin-Off Plan.

Company to immediately inform the Communications Regulatory Authority about the plan; the Authority is to assess its impact on the current regulatory framework. Contacts continue with Cassa Depositi e Prestiti regarding the potential acquisition of a stake.
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11 April - The Board of Directors  mandated the management to define the operational process and the feasibility of the structural separation of the access network.
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15 January - At today’s meeting with Consumer Associations, Telecom Italia COO Marco Patuano talked about the major boost being given to ultra-broadband services and next-generation LTE and NGAN networks, a single price for calls to landline and cellphone numbers, quality of service, and the company’s customer-centric focus.
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OTHER CORPORATE OPERATIONS

11 December – Telecom Italia: first tranche of sale of interest in Telecom Argentina to Fintech Group completed. Shares of Telecom Argentina and ADSs of Nortel Inversora sold for total consideration of approximately USD 109 million.
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14 November - Telecom Italia executed agreements for the sale of interest in Telecom Argentina (22,72%) to Fintech Group, for an aggregate consideration of USD 960 million. 
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7 November - Telecom Italia signed with Sky a Letter of Intent to examine the feasibility of a next-generation IPTV platform over which the entire Sky offer may be distributed. The Agreement also enables TIM customers to access Sky’s dedicated Winter Olympics channels and watch them on smartphones and tablets over TIM’s 3G and LTE networks. 
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8 October - In response to Moody's downgrading, Telecom Italia emphasises that the Group is solid both industrially and financially, as demonstrated by its cash flow generation (expressed as the difference between gross operating margin and investments) of 32 billion euros in the last 5 years. Over the same period of time, it has reduced its net financial position by 7.6 billion euros, while investing a total of 25 billion euros in the countries it operates in.
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3 October – The Chairman of Telecom Italia Franco Bernabè has resigned from his office. The Board expressed its gratitude to Franco Bernabè for the great commitment and substantial managerial contribution offered over the years spent guiding the Company.

The meeting of the Board of Directors continues chaired by the Vice President Aldo Minucci.
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12 September – Telecom Italia Media announces that the sale of the 51% stake of MTV Italia S.r.l. to Viacom (VIMN) has been completed, for a consideration of approximately 13.4 million euro.
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4 July -  Telecom Italia: currently there are no elements to start negotiations with Hutchison Whampoa.
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18 February - Telecom Italia Board of Directors approves exclusive negotiations with Cairo for sale of LA7.
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17 January - The Telecom Italia Board of Directors, chaired by Franco Bernabè, today noted the progress of the disposal process of the Media activities and the key elements of the received offers, which reflect the negative financial trend of the TI Media Group. The Board gave management mandate to wrap up negotiations in order to receive final and binding offers.
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BONDS ISSUED

November 7thTelecom Italia’s Board of Directors guaranteed the issuing by subsidiary TI Finance S.A. of two series of mandatory convertible bonds into ordinary or savings shares of Telecom Italia S.p.A. up to a maximum value of 1.3 billion euros.
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September 19th –Telecom Italia successfully issued a 7-year bond for 1 billion euro offered to institutional investors.
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30 May - Telecom Italia S.p.A. announces increase to tender cap and series maximum tender amount, election for early settlement and calculation of consideration in its cash tender offer for outstanding notes of Telecom Italia Capital S.A.
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15 May - Telecom Italia S.p.A. announces cash tender offer for up to $750,000,000 in aggregate principal amount of outstanding notes of Telecom Italia Capital S.A.
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13 March - Telecom Italia: successfully launches Eur 750 million hybrid bond.

First Telecom Italia subordinated bond issue on the Euro market as part of the 3 billion Euro program announced to the market on February 8th.
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