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The latest announcement is out from Telecom Italia SPA ( (IT:TITR) ).
TIM Enterprise has announced a significant investment plan of 1 billion euros over three years to accelerate Italy’s digital transformation, enhancing its data center infrastructure and expanding edge cloud capabilities. This strategic move aims to strengthen TIM’s position as a technological leader in Italy and Europe, fostering digital sovereignty and competitiveness through strategic partnerships and innovative solutions.
The most recent analyst rating on (IT:TITR) stock is a Hold with a EUR0.50 price target. To see the full list of analyst forecasts on Telecom Italia SPA stock, see the IT:TITR Stock Forecast page.
More about Telecom Italia SPA
Telecom Italia SPA, through its TIM Enterprise division, operates as a leading ICT platform in Italy, providing end-to-end digital solutions in cloud, edge computing, cybersecurity, artificial intelligence, 5G, and IoT. It serves over 30,000 clients, including top corporate clients and public administrations, with a focus on digital transformation and technological innovation.
Average Trading Volume: 22,822,914
Technical Sentiment Signal: Buy
Current Market Cap: €10.1B
For an in-depth examination of TITR stock, go to TipRanks’ Overview page.