{
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  "docSlug": "5cd25d5edacd",
  "documentTitle": "Telecom Italia SpA (TIM) (TIT.MI)",
  "authorId": "02_Elliott_Management",
  "authorName": "Elliott",
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "activist_investor",
  "sourceTypeLabel": "Activist investor",
  "presentationDate": "2018-04-05 00:00:00",
  "orientation": "landscape",
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  "pageNumber": 31,
  "pageCount": 37,
  "prevPage": 30,
  "nextPage": 32,
  "slideType": "valuation_table",
  "function": "show_valuation_bridge",
  "density": "balanced",
  "nDataPoints": 12,
  "notes": "Includes a historical reference to a 2017 CEO statement regarding the valuation range.",
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  "components": [
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      "kind": "callout",
      "text": "€20-25bn range indicated by previous CEO Cattaneo in June 2017",
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      "kind": "chart",
      "text": "Bar charts representing valuation ranges for different methodologies.",
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      "kind": "metric",
      "text": "NetCo Valuation: €25bn",
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      "kind": "source-note",
      "text": "Source: Bloomberg as of 05-Apr-2018, AGCOM. Regulated NetCos include Snam Rete Gas, Terna, Italgas, National Grid, Red Electrica and Enagas.",
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      "kind": "table",
      "text": "Valuation table showing ranges for Regulated NetCos, Italian NetCos, BT OR, and Chorus.",
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      "kind": "title",
      "text": "NetCo Separation Could Unlock Substantial Hidden Value",
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      "evidence": "Slides 23-37 propose Elliott's plan for a stronger company, including a new board, separation of NetCo, and unlocking hidden value.",
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