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Tag: telecom
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
Telecom Italia, Fastweb to create FTTH joint venture
2016-07-27 02:00:00| Total Telecom industry news
Italian operators will spend 1.2 billion on fibre-to-the-home rollout in 29 cities by 2020; partnership could be extended.
Tags: create
italia
joint
telecom
Telecom Italia predicts full-year domestic earnings growth
2016-07-27 02:00:00| Total Telecom industry news
Telco revises up its outlook as earnings in Italy grow in second quarter, CEO promises 'new developments' from September.
Tags: growth
italia
domestic
telecom
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