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Tag: italia
Telecom Italia opens mmWave lab
2016-09-01 02:00:00| Total Telecom industry news
Turin facility to evaluate 5G potential of frequencies ranging from 6 GHz to 100 GHz.
Tags: italia
opens
lab
telecom
Orange denies reported deal for Telecom Italia stake
2016-08-25 10:03:00| Telecompaper Headlines
(Telecompaper) An Orange spokesperson denied that the company had reached a deal with Vivendi on the acquisition of a stake in Telecom Italia and Canal Plus, reports Les Echos. The statement came following press reports that the two groups could be close to an agreement. Orange representatives have admitted the possibility of talks with Vivendi, as rumours of discussions last emerged in early July. News site Challenges published an article on 24 August claiming that Orange was considering taking a stake in Telecom Italia and Canal Plus in a deal brokered by investment banker Jean-Marie Messier. According to Challenges, the stake in Canal Plus (in the region of 20 percent) was not necessarily dependent on the acquisition of a stake in Telecom Italia, in which Vivendi holds 24.9 percent of the share capital. Vivendi has not commented on the reports.
Tags: reported
deal
italia
orange
Telecom Italia under pressure as Enel stirs up a hornet's nest
2016-07-29 02:00:00| Total Telecom industry news
Italian incumbent upgrades domestic guidance but will have to gear up for battle in both fixed and mobile markets.
Tags: italia
pressure
telecom
nest
Niel withdraws from Telecom Italia
2016-07-28 02:00:00| Total Telecom industry news
French businessman has no direct or indirect shares or options relating to Italian incumbent, NJJ Holding states.
Tags: italia
telecom
withdraws
niel
Telecom Italia raises FY guidance after improved Q2 results
2016-07-27 08:51:00| Telecompaper Headlines
(Telecompaper) Telecom Italia raised its domestic earnings guidance for 2016 after reporting better-than-expected second quarter results, driven by the continued recovery of its mobile segment. The company said it now forecasts "low single digit organic growth" in domestic EBITDA compared to the previous prediction of "at least stable" earnings. The group's second quarter EBITDA came to EUR 2.01 billion, a 25.4 percent rise compared to the year-earlier result of EUR 1.61 billion. Group revenues came in at EUR 4.66 billion, down 9.9 percent from EUR 5.05 billion a year ago, hurt above all by the continuing effects of the economic downturn in Brazil. Sales at the group's TIM Brasil unit plunged 31 percent to EUR 961 million in the three months to 30 June, compared to EUR 1.41 billion a year earlier. Domestic revenues came in at EUR 3.70 billion, up from EUR 3.63 billion a year ago and the company's best quarterly performance since 2009.
Tags: results
italia
improved
guidance
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