ROME-Telecom Italia Mobile S.p.A. has taken a 12 percent stake in Stet International, for about $156 million.
Telecom Italia Mobile is a telecommunications service provider based in Torino, Italy; it originally was spun off from Telecom Italia S.p.A.
Telecom Italia S.p.A., also based in Torino, is the state-controlled dominant operator of fixed and wireless networks in Italy.
Stet International is the international operating arm of the Stet Group, which is based in Rome. Stet International holds wireless licenses outside of Italy.
