Friday, 26 April 2019

TIM issues profit warning as boardroom tensions flare

By Chris Kelly, Total Telecom
Friday 18 January 19

Vivendi and Elliott continue to wrestle for control of TIM's boardroom

Telecom Italia (TIM) has warned of a fall in profits this year, as a spat between its two largest shareholders rumbles on.  TIM reported organic core earnings of $9.2 billion, around a 5 per cent drop on last year's figures…

Telecom Italia (TIM) has warned of a fall in profits this year, as a spat between its two largest shareholders rumbles on.  TIM reported organic core earnings of $9.2 billion, around a 5 per cent drop on last year's figures…

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