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Telecom reports 985 mn in net profits

2014-11-07 15:24:47| Telecom - Topix.net

Milan, November 7 - Telecom Italia on Friday reported a net profit of 985 million euros in the first nine months of 2014, compared to a 902 million loss in 2013, which reflected an impairment loss on goodwill. Compared to the first nine months of 2013, revenues fell by 6% to 15,972 million euros in organic terms, and EBITDA fell 6.4% to 6,588 million euros.

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