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 NOVEMBER 2002
TELECOM ITALIA S.p.A.
(Translation of registrant's name into English)
CORSO D'ITALIA 41
ROME, ITALY 00198
(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- _______
[TELECOM ITALIA LETTERHEAD]
PRESS RELEASE
This press release cannot be published, distributed in or sent to the United
States of America, Canada and Japan
THE TELECOM ITALIA GROUP DISPOSAL PLAN CONTINUES
TELECOM ITALIA INTERNATIONAL N.V. BEGINS TO OFFER PART OF ITS STAKE IN TELEKOM
AUSTRIA AG
Rome, November 4, 2002 - Today Telecom Italia International N.V. begins its
offering of Telekom Austria AG shares. The offering to institutional investors
through a private placement, for a maximum of 65 million shares, with a
greenshoe option for a further 10 million shares, is subject to the listing of
the shares on the Vienna Stock Exchange. Telecom Italia International N.V. has
requested Telekom Austria AG to apply for a listing on the Vienna Stock Exchange
of all shares of Telekom Austria AG not yet listed, including its own stake in
Telekom Austria AG.
Communication & Media Relations: +3906.3688.2023/2066
www.telecomitalia.it/press
Investor Relations: +3906.3688.2560/2381
www.telecomitalia.it/investor
This document does not constitute or contain an offer to sell or a solicitation
of an offer to buy any securities in the United States, in Austria or elsewhere.
The ordinary shares of Telekom Austria AG have not been and will not be
registered under the United States Securities Act of 1933 and may not be offered
or sold in the United States or for the account or benefit of U.S. persons (as
such terms are defined in Regulation S under United States Securities Act of
1933) unless registered under the Securities Act or pursuant to an applicable
exemption from such registration. In Austria, the ordinary shares of Telekom
Austria AG will be offered exclusively by way of a non public offering to a
limited circle of persons within the scope of their business or professional
activity according to Section 3/1/11 of the Austrian Capital Market Act.
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: November 4, 2002
TELECOM ITALIA S.p.A.
BY: /s/ Carlo De Gennaro
---------------------------
Carlo De Gennaro
Company Manager