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Telecom Italia revenue growth slows to 1.3% in Q3, EBITDA lower

2017-11-10 10:40:00| Telecompaper Headlines

(Telecompaper) Telecom Italia (TIM) reported a 1.3 percent year-on-year rise in revenues to EUR 4.91 billion in the third quarter, up from EUR 4.84 billion a year earlier, fuelled by continuous high demand for high-speed mobile and fixed services and the ongoing recovery at its TIM Brasil unit. However, the results were slightly below expectations in view of annual revenue rises of 6.4 percent and 8.5 percent in the previous two quarters. In September, Vivendi's chief convergence officer Amos Genish replaced Flavio Cattaneo as CEO in a further sign of the French media giant's influence over the company.

Tags: lower growth italia revenue

Category:Telecommunications

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