Thursday, 27 July 2017

Telecom Italia predicts full-year domestic earnings growth

By Mary Lennighan, Total Telecom
Wednesday 27 July 16

Telco revises up its outlook as earnings in Italy grow in second quarter, CEO promises 'new developments' from September.

Telecom Italia this week upgraded its full-year outlook, revealing that it expects earnings at its domestic business to grow in 2016, after a strong performance in Italy in the second quarter. The Italian incumbent's chief executive Flavio Cattaneo declared Q2 its "best quarter in Italy since 2009." The telco's figures showed a 1.2% decline in domestic revenue to &euro…

Telecom Italia this week upgraded its full-year outlook, revealing that it expects earnings at its domestic business to grow in 2016, after a strong performance in Italy in the second quarter. The Italian incumbent's chief executive Flavio Cattaneo declared Q2 its "best quarter in Italy since 2009." The telco's figures showed a 1.2% decline in domestic revenue to &euro…

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