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General

Telecom Italia revenue returns to growth in Q2, posts 6% organic EBITDA drop

Wednesday 28 July 2021 | 09:29 CET | News
Telecom Italia (TIM) reported revenues up 1.0 percent year on year to EUR 3.82 billion in the second quarter of 2021, a return to growth following a flat reading in Q1 and Covid-hit annual falls of 2.1 percent, 5.0 percent, 10.1 percent and 6.6 percent in 2020. TIM said the result was due to a substantial rise in service revenues at its TIM Brasil unit (up 10.5% in local currency) coupled with an improvement in core domestic revenues EUR 3.13 billion, equivalent to a 1 percent year-on-year decline.  

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Categories: General
Companies: Telecom Italia / TIM / TIM Brasil
Countries: Brazil / Italy
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