Wednesday, 20 June 2018

Telecom Italia Q1 profit slides on domestic weakness

By Nick Wood, Total Telecom
Tuesday 13 May 14

Revenue slumps 11.9% as customers in Italy sign up to bundled services.

Telecom Italia on Tuesday reported a sharp fall in first quarter profit due to declining revenues in its domestic business. Profit attributable to owners of the parent for the three months ended 31 March fell to €222 million from &euro…

Telecom Italia on Tuesday reported a sharp fall in first quarter profit due to declining revenues in its domestic business. Profit attributable to owners of the parent for the three months ended 31 March fell to €222 million from &euro…

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