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Debt despair: 'Im just going to end it'

2018-12-03 20:30:17| BBC News | Business | UK Edition

Steve Goddard is one of 100,000 people in England each year who attempt suicide because of money worries.

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AT&T to slash $20 billion of debt in 2019

2018-12-03 01:00:00| Total Telecom industry news

US telecoms giant AT&T has committed to cutting between $18 billion and $20 billion of debt from its balance sheet in 2019, through a series of strategic asset sales. AT&T said it would look to divest a number of non…read more on TotalTele.com »

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AT&T forecasts stronger cash flow in 2019 to help reduce debt

2018-11-30 08:47:00| Telecompaper Headlines

(Telecompaper) AT&T forecast a strong increase in free cash flow next year, to USD 29.5 billion from a targeted USD 22 billion in 2018. The extra cash from the takeover of Time Warner should help the company meet its target to reduce debt to around 2.5x adjusted EBITDA by the end of 2019, the US operator announced at a meeting with analysts. 

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'My husband ran up a 58,000 debt in my name'

2018-11-19 05:37:14| BBC News | Business | UK Edition

Government should press ahead with plans to define such behaviour as domestic abuse, say campaigners.

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Telecom Italia 9-mth revenues down 3%, won't meet FY debt target

2018-11-09 08:35:00| Telecompaper Headlines

(Telecompaper) Telecom Italia (TIM) reported consolidated revenues of EUR 14.2 billion in the 9 months to 30 September, up 1.1 percent year-on-year on an organic basis but down 3.1 percent on a comparable basis, hurt by regulatory impacts including a return to monthly billing in Italy, a weakening of the exchange rate in Brazil and an adverse competitive impact at home. The company said comparable earnings before interest, tax, depreciation and amortization (EBITDA) in the first nine months fell 2.9 percent to EUR 6.03 billion (up 0.4% organically), while adjusted net financial debt stood at EUR 25.19 billion at the end of September. As a result of these factors and a possible domestic fine of EUR 74.3 million imposed on the phone group after the Italian government activated the so-called "golden power" rule, TIM announced that it is no longer able to reaffirm its net debt to core earnings target for the end of the year.

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