UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15D-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 FOR THE MONTH OF APRIL 2008 TELECOM ITALIA S.p.A. (Translation of registrant's name into English) Piazza degli Affari 2 20123 Milan, Italy (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: FORM 20-F [X] FORM 40-F [ ] Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): [ ] Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): [ ] Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934. YES [ ] NO [X] If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82- _______
PRESS RELEASE
ANTONIO MIGLIARDI NEW HEAD OF GROUP HUMAN RESOURCES, ORGANIZATION AND INDUSTRIAL RELATIONS
CARLO FORNARO NEW HEAD OF GROUP EXTERNAL RELATIONS
MASSIMILIANO PAOLUCCI SECRETARY GENERAL OF GROUP STEERING COMMITTEE FOR THE COORDINATION OF EDITORIAL CONTENT ACQUISITIONS, WITH GIOVANNI STELLA AS PRESIDENT
Milan, 25 April 2008
Telecom Italia announces that the Human Resources, Organization and Industrial Relations function will be headed by Antonio Migliardi from 1 May 2008.
On 30 April 2008, Gustavo Bracco will leave the Company. The Telecom Italia Group wishes to thank Gustavo Bracco for his highly qualified professional and managerial contribution to the group.
With effect from 1 May 2008, the External Relations function will be constituted. This will report directly to the Chief Executive Officer and will be headed by Carlo Fornaro, who will be joining the Telecom Italia Group.
The External Relations function will include the functions of Communication and Advertising, as well as Image & Brand Enrichment. These functions will maintain their present organizational structures.
On 31 May 2008, Andrea Imperiali will leave the Company. The Telecom Italia Group wishes to thank Andrea Imperiali for his highly qualified professional and managerial contribution to the group.
With immediate effect, Massimiliano Paolucci, who on 1 May 2008 leaves his role in the Communications area, is nominated Secretary General of the newly constituted Group Steering Committee for the Coordination of Editorial Content Acquisitions which has the task of coordinating and harmonizing the acquisition of editorial content for all platforms of the Telecom Italia Group.
The Steering Committee will be headed by Giovanni Stella, the Executive Deputy Chairman of Telecom Italia Media.
Telecom Italia Media Relations +39 06 3688 2610 http://www.telecomitalia.it/media Telecom Italia Investor Relations +39 02 8595 4131 http://www.telecomitalia.it/investor_relations |
Cautionary Statement for Purposes of the "Safe Harbor" Provision of the United States Private Securities Litigation Reform Act of 1995. The Private Securities Litigation Reform Act of 1995 provides a "safe harbor" for forward-looking statements. The Press Release included in this Form 6-K contains certain forward looking statements and forecasts reflecting management's current views with respect to certain future events. The ability of the Telecom Italia Group to achieve its projected results is dependent on many factors which are outside of management's control. Actual results may differ materially from those projected or implied in the forward-looking statements. Such forward-looking information involves risks and uncertainties that could significantly affect expected results and are based on certain key assumptions. The following important factors could cause the Telecom Italia Group's actual results to differ materially from those projected or implied in any forward-looking statements: - the continuing impact of increased competition in a liberalized market, including competition from global and regional alliances formed by other telecommunications operators in the core domestic fixed-line and wireless markets of the Telecom Italia Group; - the ability of the Telecom Italia Group to introduce new services to stimulate increased usage to its fixed and wireless networks to offset declines in its traditional fixed-line business due to the continuing impact of regulatory required price reductions, market share loss and pricing pressures generally and shifts in usage pattern; - the level of demand for telecommunications services, particularly wireless telecommunication services in the maturing Italian market and for new higher value added products and services such as broadband; - the ability of the Telecom Italia Group to successfully implement its reorganization; - the success of Telecom Italia's customer loyalty and retention programs and the impact of such programs on revenues; - the impact of regulatory decisions and changes in the regulatory environment, including implementation of recently adopted EU directives in Italy; - the impact of economic development generally on the international business of the Telecom Italia Group and on its foreign investments and capital expenditures; - the continuing impact of rapid or "disruptive" changes in technologies; - the impact of political and economic developments in Italy and other countries in which the Telecom Italia Group operates; - the impact of fluctuations in currency exchange and interest rates; - Telecom Italia's ability to successfully implement its strategy over the 2008-2010 period; - the ability of the Telecom Italia Group to successfully achieve its debt reduction targets; - Telecom Italia's ability to successfully implement its internet and broadband strategy; - the ability of the Telecom Italia Group to achieve the expected return on the significant investments and capital expenditures it has made and continues to make in Brazil and in Europe on broadband; - the amount and timing of any future impairment charges for Telecom Italia's licences, goodwill or other assets; and - the impact of litigation or decreased mobile communications usage arising from actual or perceived health risks or other problems relating to mobile handsets or transmission masts. The foregoing factors should not construed as exhaustive. Such factors should also be considered together with risk factors included in Telecom Italia Group's Annual Report on Form 20-F for 2005. Due to such uncertainties and risks, readers are cautioned not to place undue reliance on such forward- looking statements, which speak only as of the date hereof. Accordingly, there can be no assurance that the Group will achieve its projected results.
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Date: April 25th, 2008 TELECOM ITALIA S.p.A. BY: /s/ Carlo De Gennaro --------------------------- Carlo De Gennaro Company Manager