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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Elitel Telecom | LSE:ETM | London | Ordinary Share | IT0003021802 | ORD EUR0.05 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 22.00 | 0.00 | 01:00:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| 0 | 0 | N/A | 0 |
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RNS Number:3406K
Elitel Telecom S.p.A.
11 October 2006
Immediate Release 11 October 2006
Elitel Telecom S.p.A. ("Elitel" or the "Company")
Holding in Company
Statement re Press Speculation
Elitel Telecom S.p.A., the independent Italian telecommunications group, notes
the recent comments regarding the possibility of an offer for the Company by
Tiscali S.p.A., the Italian listed telecom operator. Elitel confirms that it has
not received any such proposal in relation to an offer for the Company.
The Board of Elitel notes that deregulation and restructuring of the Italian
telecom sector continues and, as already announced, Elitel has acquired three
companies in the current financial year and has undertaken a number of further
strategic investments and joint ventures. Elitel's Board will continue to
explore all opportunities that may present themselves to maximize value for the
Company and its shareholders.
Enquiries
Elitel Telecom S.p.A +39 02 441 0410
Federico d'Este (Chief Executive)
Nicolo Zanchi (Group Corporate Development Officer and Investor Relation)
Charles Stanley Securities +44 (0)20 7149 6000
6000
Russell Cook/Freddy Crossley
Buchanan Communications +44 (0)20 7466 5000
Mark Edwards / Isabel Podda
This information is provided by RNS
The company news service from the London Stock Exchange
END
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