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Tag: telecom italia
Telecom Italia teams up with JMA Wireless for Open RAN rollout
2021-04-26 16:00:00| Telecompaper Headlines
(Telecompaper) Telecom Italia (TIM) said it has become the first operator in Italy and one of the first in Europe to begin deploying Open Radio Access Network (Open RAN) infrastructure on its mobile network...
Tags: open
italia
wireless
teams
Telecom Italia revenues improve to 2% fall in Q4, CEO seeks new term
2021-02-24 09:39:00| Telecompaper Headlines
(Telecompaper) Telecom Italia (TIM) reported an organic 2.1 percent year-on-year decline in revenues to EUR 4.15 billion in the final quarter of 2020, up 2.9...
Telecom Italia revenues down 5% in Q3, spins off data centre business
2020-11-11 08:57:00| Telecompaper Headlines
(Telecompaper) Telecom Italia (TIM) reported an organic 5.0 percent year-on-year decline in revenues to EUR 3.90 billion in the third quarter of 2020, an improvement on the previous quarter's 10.1 percent fall, attributed in part to Italy's strong recovery from the first Covid-19 lockdown and higher fibre demand. Underlying service revenues also improved somewhat to EUR 3.5 billion, down 6.4 percent year on year compared to an 8.2 percent decline in the second quarter. Organic earnings before interest, tax, depreciation and amortisation (EBITDA) after lease costs came to EUR 1.76 billion, down 7.9 percent year on year, due to negative Covid-19 impact that was in part offset by a 1.3 percent rise in service revenues at TIM Brasil.
Tags: business
data
centre
italia
Telecom Italia Sparkle CEO quits
2020-08-06 13:35:00| Telecompaper Headlines
(Telecompaper) Telecom Italia said Mario Di Mauro, chief executive of Sparkle, the company's international services group, has resigned. TIM did not not reveal why Di Mauro has resigned.
Tags: italia
ceo
telecom
sparkle
Telecom Italia delays final decision on network sale to end-August, says 'favourable' to KKR offer
2020-08-05 08:52:00| Telecompaper Headlines
(Telecompaper) Telecom Italia (TIM) said it supports an offer from KKR Infrastructure to buy a 37.5 percent stake in the new network company FiberCop for EUR 1.8 billion. The binding offer values the company at EUR 7.7 billion in total. TIM said it would start talks immediately with the government on bringing in other investors in the new network operator.
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