10 Best High Tech Stocks For 2016

10 Best High Tech Stocks For 2016: Telecom Italia SpA (TIT)

Telecom Italia SpA is an Italy-based company engaged in the communications sector. It operates in the fixed and mobile national and international telecommunications sector. Its activities are divided into five business units. The Domestic unit provides telephone and data services on fixed line and mobile networks for retail voice customers and wholesale operators, as well as develop fiber optic networks. The Brazil unit offers mobile services using Universal Mobile Telecommunications System (UMTS) and Global System for Mobile Communications (GSM) technologies. The Argentina unit operates in fixed telecommunications through Telecom Argentina and in mobile telecommunications through Telecom Personal, and in Paraguay it operates in mobile telecommunications through Nucleo. The Media unit produces of multimedia music platforms, satellite channels and television broadcasting platforms. The Olivetti unit operates in the sector of office products and services for Information Technol ogy. Advisors' Opinion:

• [By Jonathan Morgan]

  Telecom Italia SpA (TIT) jumped 6.2 percent to 65.6 euro cents. The phone company that was stripped of its investment-grade rating is seeking at least 9 billion euros for its controlling stake in Brazilian wireless carrier Tim Participacoes SA (TIMP3), according to a person with direct knowledge of the matter.

• [By Namitha Jagadeesh]

  Telecom Italia SpA (TIT) surged 9.4 percent to 53 euro cents after Sanford C. Bernstein & Co. said Italys biggest phone company is a potential takeover target for telecommunications operators including Vodafone Group Plc and AT&T Inc.

• [By Tom Stoukas]

  Telecom Italia SpA (TIT) rose 5.2 percent to 61 euro cents amid speculation Chief Executive Officer Franco Bernabe will resign. Bernabe plans to tell the board at a meeting scheduled for Oct. 3 that hes ready to step down after losing the backing of Telco Sp! A, the Telefonica SA-led holding company that owns 22.4 percent of the carrier, according to a person with knowledge of the matter, who asked not to be identified because the deliberations are confidential.

source from Top Stocks To Buy For 2015:http://www.topstocksforum.com/10-best-high-tech-stocks-for-2016.html