STET – Società Finanziaria Telefonica

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

STET - Società Finanziaria Telefonica S.p.A.
state-owned company
IndustryTelecommunication
SuccessorTelecom Italia
FoundedOctober 21, 1933 (1933-10-21)
Defunct1997
Headquarters
Turin and Rome
,
Italy
Area served
Nationwide
33 billion (lira) in 1994
OwnerIRI
Number of employees
133,000 (in 1994)
SubsidiariesStream

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[1] 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, one of the largest pay TV and digital satellite television networks in Italy.[2]

gollark: Test.
gollark: ?coliru```c#define R2(x) x x#define R4(x) R2(R2(x))#define R16(x) R4(R4(x))#define QUITELONG R16(long)int main(){QUITELONG x = 0;return 42;}```
gollark: I think you can at least poke around with numbers.
gollark: WHAT.
gollark: ?coliru```haskellimport Control.Monadmain = forever $ putStrLn "haskell"```

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.


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