SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : NUKO INFORMATION SYSTEMS
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: kolo55 who wrote (2045)6/6/1997 1:43:00 PM
From: Alan Aronoff   of 3509
 
Stet is a name I had heard linked with NUKO regarding the Italy mystery...

TURIN, Italy, June 6 (Reuter) - Italian state telecoms holding Stet had a good year in 1996, sees satisfactory results this year and is looking to reinforce its presence abroad.
Managing Director Tomaso Tommasi di Vignano told the annual shareholders' meeting that the group's strategic priorities were to define as soon as possible a global alliance and to reinforce
Stet's presence abroad. The most interesting areas were South America and eastern Europe, he said without elaborating. He made no mention of any possible future partners. Both Stet and AT&T Corp have recently declined comment on press reports that a broad-based alliance was imminent.
Tommasi confirmed Stet's aim to reduce its holding in cable-making unit Sirti , "but only if circumstances arose to make such a move attractive." He said fibre optic cabling of main Italian cities was going ahead, with around 300,000 homes already linked up. He earlier said that Stet expected to have satisfactory results this year and that sales in the first four months of 1997 were above 13 trillion lire.
As already reported, Stet posted consolidated net profit of
3.160 trillion lire in 1996 against a previous 2.452 trillion on
sales of 40.522 trillion against 37.373 trillion lire. For the year 2000, Stet foresees turnover of around 50 trillion lire and investments in the 1998-2000 period of 35 trillion lire.
-- Milan newsroom +392 66129589
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News