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TIM Secures Court Confirmation for 1998 Fee Return

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TIM Secures Court Confirmation for 1998 Fee Return

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Telecom Italia SPA ( (IT:TITR) ) has issued an update.

Telecom Italia SPA (TIM) reported that the Court of Appeal has confirmed the company’s entitlement to the return of a 1998 fee, with interest, as previously ruled in April. This decision is enforceable despite pending appeals, potentially impacting TIM’s financial standing positively as no guarantee is required for execution.

More about Telecom Italia SPA

YTD Price Performance: 2.41%

Average Trading Volume: 247,822

Technical Sentiment Consensus Rating: Hold

Current Market Cap: €5.72B

See more insights into TITR stock on TipRanks’ Stock Analysis page.

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