Home Telecom Italia revenues down 6.6% in Q4, misses profit target and launches 2020-22 business plan
 

Keywords :   


Telecom Italia revenues down 6.6% in Q4, misses profit target and launches 2020-22 business plan

2020-03-11 09:52:00| Telecompaper Headlines

(Telecompaper) Telecom Italia (TIM) posted a 6.6 percent year-on-year decline in revenues to EUR 4.0 billion in the fourth quarter, with improved results at its TIM Brasil unit offset by a fall of EUR 291 million (-7.6% year on year) at its domestic unit. TIM's EBITDA for the quarter came to EUR 1.7 billion, down 1.6 percent compared to Q4 2018 on an organic basis, with a domestic decline of 12.8 percent largely offset by a strong performance in Brazil, where it's teaming up with Telefonica to bid for Brazilian operator Oi's mobile business. [ more ]

Tags: business plan target italia

Category:Telecommunications

Latest from this category

All news

»
12.07Atlantic Tropical Weather Outlook
12.07Eastern North Pacific Tropical Weather Outlook
12.07This Week in Agribusiness, July 12, 2025
12.07This Week in Agribusiness, July 12, 2025
12.07Trump says EU and Mexico face 30% tariff from August
12.07Atlantic Tropical Weather Outlook
12.07Eastern North Pacific Tropical Weather Outlook
12.07FFA Chapter Tribute: Emily Bray, Lake Mills, Iowa FFA
More »