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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.

Tags: business plan target italia

 

Telecom Italia inks deal to add Disney+ to TIMvision

2020-03-05 13:56:00| Telecompaper Headlines

(Telecompaper) Telecom Italia has announced a multi-year agreement with Disney to carry the US company's new Disney+ SVOD service on its TIMvision platform, confirming earlier reports. TIM said it will be the exclusive wholesale distributor of Disney+ in Italy through TIMvision and will bundle it with a range of fibre-based packages when the streaming platform launches on 24 March.

Tags: add deal italia disney

 
 

Telecom Italia agrees to take on KKR as partner to roll out national fibre network

2020-02-28 09:13:00| Telecompaper Headlines

(Telecompaper) Telecom Italia (TIM) has selected US private equity firm KKR as an "exclusive partner" to help it roll out fibre-optic networks throughout Italy, confirming earlier reports. In a statement, the operator said its board had taken positive note of a non-binding proposal by KKR following a meeting to discuss the merger of its fibre-optic assets with those of wholesale rival Open Fiber.

Tags: national network partner italia

 

Telecom Italia unveils 'TIM Unica' convergent strategy with unlimited mobile data on all lines

2020-02-05 16:14:00| Telecompaper Headlines

(Telecompaper) Telecom Italia (TIM) has launched a new convergent mechanism designed to encourage existing and new customers to pay for all their fixed and mobile subscriptions via a single monthly invoice in exchange for advantages such as unlimited mobile data. The new 'TIM Unica' offer can be activated for free by fixed line customers who have at least one mobile data line registered under the same tax code. Up to 5 additional TIM mobile network numbers can then be added to the convergent plan, with each mobile line receiving "unlimited" data (capped at 500GB a month).

Tags: data mobile lines strategy

 

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