0
General

Telecom Italia posts EUR 1.35 bln profit, first since 2010

Friday 20 March 2015 | 09:18 CET | News
Telecom Italia reported a net income of EUR 1.35 billion in 2014, up from a EUR 674 million loss the previous year, its first profit since 2010. All other financial results for 2014 were published last month to coincide with the launch of its 2015-2017 business plan to modernise its fixed and mobile broadband networks. The company's full-year revenues were down 7.8 percent to EUR 21.57 billion, a slight improvement on the previous year's fall of 9.1 percent, with EBITDA falling by 7.9 percent to EUR 8.79 billion. At the board meeting ratifying its full-year results, the company also announced

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: GVT / Telecom Italia / Telefonica / Vivendi
Countries: Italy
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Telecom Italia rating revised to stable - Fitch

Published 23 Nov 2015 08:40 CET | Italy
Ratings agency Fitch has revised Telecom Italia's outlook to stable from negative and affirmed the company's rating at 'BBB-', ...

Vivendi wants TI to explore TIM Brasil sale - report

Published 19 Jun 2015 08:33 CET | Brazil
French media giant Vivendi wants Telecom Italia to explore a sale of its Brazilian mobile unit, TIM Brasil, once it becomes the ...

Telecom Italia revenues dip 2.6%, domestic business improves

Published 08 May 2015 08:21 CET | Italy
Telecom Italia reported a 2.6 percent year-on-year fall in first-quarter revenues to EUR 5.05 billion, hurt by the ongoing ...

Telecom Italia pledges transparency over new fixed offers

Published 01 May 2015 10:35 CET | Italy
Telecom Italia has launched its revamped fixed network offer for residential customers and pledged to keep the 5.2 million ...

Telecom Italia announces results of debt buyback offer

Published 22 Apr 2015 10:32 CET | Italy
Telecom Italia has announced the results of its offer to repurchase bonds with different maturities ranging from January 2017 to ...

Telecom Italia to repurchase up to EUR 2 bln in bonds

Published 14 Apr 2015 10:31 CET | Italy
Telecom Italia has announced an offer to repurchase bonds with different expiry dates ranging from January 2017 to February 2022 ...

Telecom Italia announces final price of EUR 2 bln bond

Published 23 Mar 2015 09:09 CET | Japan
Telecom Italia has announced the final pricing of its offering of EUR 2 billion in unsecured equity-linked bonds due on 26 March ...

Telecom Italia issues EUR 2 bln equity-linked bond

Published 20 Mar 2015 14:56 CET | Italy
Telecom Italia has announced the successful placement of an offering of EUR 2 billion in unsecured equity-linked bonds due on 26 ...

Telecom Italia to list tower unit Inwit before summer – CEO

Published 23 Feb 2015 11:12 CET | Italy
Telecom Italia has started working on a plan to list a stake in its domestic mobile towers business before the summer, according ...

Telecom Italia Media FY revenues stable at EUR 70.5 mln

Published 20 Feb 2015 10:13 CET | Italy
Telecom Italia Media posted a net loss of EUR 5.3 million in 2014, compared to EUR 132.0 million the previous year, above all due ...

Telecom Italia FY sales down 7.8%, lowers net debt

Published 20 Feb 2015 08:49 CET | Italy
Telecom Italia reported full-year revenues down 7.8 percent to EUR 21.57 billion, a slight improvement on the previous year's ...

Telecom Italia to buy out TI Media for EUR 25 mln

Published 20 Feb 2015 08:31 CET | Italy
Telecom Italia has announced a full takeover of its media division, Telecom Italia Media, which has been a publicly traded ...

Telecom Italia awarded EUR 85 mln Sicily broadband contract

Published 02 Feb 2015 15:02 CET | Italy
Telecom Italia has been awarded the tender to bring broadband technology to 142 localities in Sicily, reports Italpress. The EUR ...

Telecom Italia names tower company Inwit - report

Published 02 Feb 2015 09:29 CET | Italy
Telecom Italia's proposed stock market listing of its domestic wireless towers is to be carried out via a new company called ...

Telecom Italia board discusses Metroweb strategy

Published 19 Dec 2014 12:24 CET | Italy
Telecom Italia's board has decided to press ahead with its plans to acquire some or all of the stake in Milan-based broadband ...

Telecom Italia slows sales fall to 4.5% in Q3 on fibre gains

Published 07 Nov 2014 08:41 CET | Italy
Telecom Italia reported a 4.5 percent year-on-year fall in third-quarter revenues to EUR 5.4 billion, hurt by a slowdown at its ...

Telecom Italia H1 sales continue lower, eyes Brazil options

Published 06 Aug 2014 09:30 CET | Italy
Telecom Italia reported first-half revenues down 11.2 percent to EUR 10.55 billion, hurt by divestments and continued weakness in ...

Telecom Italia profit falls 27% in Q3, backs 2013 outlook

Published 08 Nov 2013 10:27 CET | Italy
Telecom Italia's third-quarter profit fell 27.4 percent to EUR 505 million, down from EUR 696 million in last year's ...

Telecom Italia cuts outlook, to go ahead with fixed spin-off

Published 02 Aug 2013 09:22 CET | Italy
Telecom Italia reported a net loss for the first half of 2013 after writing down the value of its domestic operations. It also ...





Calendar   /   Industry Events

24 Mar 6G Wireless Summit
26 Mar Telia Company Capital Markets Day
26 Mar Huawei press conference
26 Mar 5G Briefing
26 Mar Smart City Summit & Expo (SCSE) 2019
27 Mar ZTE FY results
27 Mar Partner Communications Q4 2018
27 Mar Secureworks fiscal Q4
27 Mar Call & Contact Centre Expo
27 Mar Ericsson AGM
27 Mar Report: Dutch Multiplay Market 2018-Q4
28 Mar Telekom Slovenije Q4 2018
28 Mar Altice Europe Q4 2018
28 Mar Bezeq Q4 2018
28 Mar United Internet Q4 2018
28 Mar 1&1 Drillisch Q4 2018
28 Mar Deutsche Telekom AGM
28 Mar Report: Telecom Business Market Insight 2018 Q4
29 Mar Tiscali FY 2018
29 Mar Tele Columbus Q4 2018
29 Mar BlackBerry fiscal Q4
29 Mar Telecom Italia AGM
02 Apr Gigabit Access 2019
02 Apr Swisscom AGM
::: More Calendar Items