Telecom Italia shareholders mainly consist of retail investors (over 500,000 shareholders according to the Shareholders’ Register).
Shareholders' Structure as of December 31, 2011
Telecom Italia’s shareholders on the basis of the Shareholders’ Register at December 31, 2011, the notifications received and other available information (ordinary shares)
| Telco S.p.A. | 22.39% |
| Telecom Italia Group |
1.21% |
| Italian institutional investors |
10.45% |
| Foreign institutional investors |
41.30% |
| Italian companies |
0.95% |
| Foreign companies |
4.87% |
| Other italian shareholders |
18.76% |
| Other foreign shareholders |
0.07% |
The update at June 30, 2012 will be available when the First Half 2012 Report is published.