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Telecom Italia values fixed network at 6x EBITDA - report

Thursday 23 May 2013 | 11:44 CET | News
Telecom Italia is said to have valued its fixed-line network at around six times annual EBITDA from the operations, as part of preparations to spin off the network infrastructure into a new company. According to company documents seen by Bloomberg, the network is valued at about EUR 14 billion. Sales at the new company, called Opac SpA, are forecast to slip 0.3 percent this year to EUR 4.6 ...

Telecom Italia values fixed network at 6x EBITDA - report

Thursday 23 May 2013 | 11:44 CET | News Telecom Italia is said to have valued its fixed-line network at around six times annual EBITDA from the operations, as part of preparations to spin off the network infrastructure into a new company. According to company documents seen by Bloomberg, the network is valued at about EUR 14 billion. Sales at the new company, called Opac SpA, are forecast to slip 0.3 percent this year to EUR 4.6 ...

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