Saturday, 03 December 2016

Telecom Italia scraps dividend as full-year loss narrows

By Nick Wood, Total Telecom
Friday 07 March 14

CEO 'hopeful' about 2014 as operator's net debt edges below €27 billion.

Telecom Italia on Friday announced it plans to forego a dividend payment this year in a bid to reserve cash for network and service investments. "In light of the signs of recovery we can already see on the market, we will be able to remunerate all shareholders again in the next financial year," said CEO Marco Patuano…

Telecom Italia on Friday announced it plans to forego a dividend payment this year in a bid to reserve cash for network and service investments. "In light of the signs of recovery we can already see on the market, we will be able to remunerate all shareholders again in the next financial year," said CEO Marco Patuano…

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