Misplaced Pages

Società Finanziaria Telefonica

Article snapshot taken from Wikipedia with creative commons attribution-sharealike license. Give it a read and then ask your questions in the chat. We can research this topic together.
(Redirected from STET - Società Finanziaria Telefonica)
This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed.
Find sources: "Società Finanziaria Telefonica" – news · newspapers · books · scholar · JSTOR (December 2023) (Learn how and when to remove this message)
STET - Società Finanziaria Telefonica S.p.A.
Company typestate-owned company
IndustryTelecommunication
Founded21 October 1933 (1933-10-21)
Defunct31 July 1997 (1997-07-31)
SuccessorTelecom Italia
HeadquartersTurin and Rome, Italy
Area servedNationwide
Net income33 billion (lira) in 1994
OwnerIRI
Number of employees133,000 (in 1994)
SubsidiariesStream

Società Finanziaria Telefonica (STET, English: Telephonic Financial Company) was an Italian company that operated in the telecommunications sector. It was IRI's holding company for this sector.

History

STET was founded by IRI on October 21 of 1933 as the "STET - Società Torinese per l'Esercizio Telefonico" and was based in Turin with headquarters in Rome. The aim of the company was to address technical, administrative and accounting of all state's company for telephone services and for public telecommunications services in Italy.

In 1964 fostered the born of the research center CSELT to modernize the Italian phone service, and in 1976 the campus of Scuola Superiore Guglielmo Reiss Romoli was built in L'Aquila to support training activities for managers and executives of the group. In the late 60s the group company Selenia produced the first European minicomputer: the Selenia Gp-16.

In 1992, with the privatization carried out by first Amato government is changed to be "STET - Società Finanziaria Telefonica S.p.A".

In 1993, STET's managing director Miro Allione left the company to create Stream, which became one of the largest pay TV and digital satellite television networks in Italy.

In 1997 STET is merged with Telecom Italia, together with Telespazio and Italcable: the new company will be named Telecom Italia S.p.A., at the same time of the resignment of Ernesto Pascale, a STET's managing director and key person for the company.

See also

References

  1. europa.eu: press release
  2. "Rivoluzione alla Stet Allione va a Stream". La Repubblica (in Italian). 23 December 1993. Retrieved 4 March 2012.
Stub icon

This article about a telecommunications company is a stub. You can help Misplaced Pages by expanding it.

Stub icon

This Italian corporation or company article is a stub. You can help Misplaced Pages by expanding it.

Categories: