---
title: "Key facts: Telecom Italia shares rise 4.5% after conversion plan; wins €1B refund"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/270557860.md"
description: "Telecom Italia's conversion plan boosted savings shares by 4.5%, while ordinary shares dropped 2.2%. Analysts estimate costs of 630 million euros, with potential long-term savings of 1 billion euros.1Telecom Italia won a ruling from Italy's top court, securing over 1 billion euros in refunds from a 1998 license fee, ending a nearly 30-year dispute with the government.2Davide Leone, Telecom Italia's largest savings share holder, backs the conversion of these shares into ordinary stock, emphasizing the company's market-friendly strategy and optimism for success.3"
datetime: "2025-12-23T02:03:06.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/270557860.md)
  - [en](https://longbridge.com/en/news/270557860.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/270557860.md)
---

# Key facts: Telecom Italia shares rise 4.5% after conversion plan; wins €1B refund

-   Telecom Italia's conversion plan boosted savings shares by 4.5%, while ordinary shares dropped 2.2%. Analysts estimate costs of 630 million euros, with potential long-term savings of 1 billion euros.1
-   Telecom Italia won a ruling from Italy's top court, securing over 1 billion euros in refunds from a 1998 license fee, ending a nearly 30-year dispute with the government.2
-   Davide Leone, Telecom Italia's largest savings share holder, backs the conversion of these shares into ordinary stock, emphasizing the company's market-friendly strategy and optimism for success.3

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