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Telecom Italia revenues down 2.5% in Q4, launches new 3-year business plan

2019-02-22 09:14:00| Telecompaper Headlines

(Telecompaper) Telecom Italia (TIM) posted a 2.5 percent year-on-year fall in organic revenues to EUR 4.8 billion in the fourth quarter, with continuing recovery at its TIM Brasil unit offset by a drop of EUR 168 million (-4.2% year on year) at its domestic unit. TIM's EBITDA for the quarter amounted to EUR 2.0 billion, down 3.4 percent compared to Q4 2017 on an organic basis, with a domestic fall of 13.2 percent offset by a strong performance in Brazil. Full-year group revenues were up 0.5 percent year on year to EUR 19.2 billion on an organic basis, with 12-month EBITDA falling 3.4 percent to EUR 8.1 billion, while group capex was down 14.9 percent to EUR 4.2 billion.

Tags: business plan italia telecom

 

Vodafone Italia, TIM reach 5G network sharing deal, may combine towers into single unit

2019-02-22 08:19:00| Telecompaper Headlines

(Telecompaper) Vodafone Italia and TIM (Telecom Italia) have signed a memorandum of understanding to share the cost of rolling out new 5G infrastructure throughout Italy. Under the terms of the so-called Active Sharing Project, the operators have committed to evaluating the technical and commercial feasibility of jointly deploying active 5G equipment across the country as well as sharing their existing 4G networks in order to support 5G active network sharing.

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TIM and Vodafone Italia sign 5G network sharing agreement

2019-02-22 01:00:00| Total Telecom industry news

Telecom Italia and Vodafone Italia have signed a network sharing agreement that will help to increase 4G coverage and streamline the rollout of 5G services in the country, according to a company release. The pair signed a Memorandum of Understanding (MoU) which outlined non…read more on TotalTele.com »

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Italian state lender set to increase Telecom Italia stake to 10%

2019-02-15 01:00:00| Total Telecom industry news

Italy's state lending fund, Cassa Depositi e Prestiti, could be set to increase its stake in Telecom Italia (TIM) to up to 10 per cent, according to a report by Reuters. CDP's board cleared the way for the Italian lender to increase its stake in TIM to a maximum holding of 10 per cent within the next 12 months…read more on TotalTele.com »

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Wind Tre, Vodafone Italia hit hardest by Iliad entry in Q3 - study

2018-12-21 08:47:00| Telecompaper Headlines

(Telecompaper) All three of Italy's main mobile network operators felt the disruptive effects of low-cost challenger Iliad in the third quarter, with Wind Tre and Vodafone hit hardest, according to new data from Telecompaper. Total mobile service revenues in Italy fell by 3.0 percent year-on-year to EUR 3.2 billion in the third quarter of 2018, led by steep declines at Wind Tre and Vodafone, in spite of Iliad's initial EUR 46 million contribution in the July to September period. 

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