0
General

Telecom Italia revenues stabilise in Q1, reiterates guidance

Thursday 20 May 2021 | 08:54 CET | News
Telecom Italia (TIM) reiterated its full-year core profit guidance after reporting first-quarter organic revenues of EUR 3.75 billion, broadly flat compared to the year-earlier reading and a vast improvement on Covid-hit annual falls of 2.1 percent, 5.0 percent and 10.1 percent in the previous three quarters. The company's EBITDA was down 1.3 percent year on year on organic terms to EUR 1.58 billion in the first 3 months of 2021 thanks to cost savings and a 3.0 percent rise in revenues at TIM Brasil that offset a 0.6 percent fall in domestic revenues to EUR 3.10 billion.

Thank you for visiting Telecompaper

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: Dazn / Telecom Italia / TIM / TIM Brasil
Countries: Italy
::: add a comment
This article is part of dossier

IoT


Add comment

Please login or register to leave a 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 launches EUR 3 mln Termoli FTTH rollout

Published 17 Jun 2021 15:00 CET | Italy
Telecom Italia (TIM) said it has reached an agreement with the local council to begin rolling out a fibre-to-the-home network in ...

TIM launches summer pay-TV promo with Dazn

Published 17 Jun 2021 10:50 CET | Italy
Telecom Italia (TIM) has launched a seasonal promotion called 'Salta l'Estate' ('Skip the summer') to encourage new users to sign ...

TIM to bring gigabit FTTH to Oristano

Published 16 Jun 2021 10:37 CET | Italy
Telecom Italia (TIM) announced an agreement with Oristano town council to begin rolling out a fibre-to-the-home network in the ...

TIM and Cisco begin Italian cloud partnership

Published 16 Jun 2021 08:48 CET | Italy
Telecom Italia (TIM) and Cisco have announced a new partnership to develop cloud-based products and services for Italian ...

TIM launches EUR 12 mln Arezzo FTTH rollout

Published 15 Jun 2021 15:04 CET | Italy
Telecom Italia (TIM) announced the launch of a fibre-to-the-home cabling plan in the Tuscan city of Arezzo in a total investment ...

TIM begins EUR 8 mln Cremona FTTH build

Published 11 Jun 2021 10:55 CET | Italy
Telecom Italia (TIM) announced the launch of a fibre-to-the-home cabling plan in the city of Cremona in the northern Lombardy ...

Dazn snubs Sky Italia bid to share Serie A rights - report

Published 10 Jun 2021 15:11 CET | Italy
Sports streaming platform Dazn has turned down a EUR 500 million proposal from Sky Italia to continue sharing the rights to ...

TIM and Accenture ink 10-year Credit Agricole Italia digital transformation deal

Published 09 Jun 2021 14:16 CET | Italy
Telecom Italia (TIM) and Accenture announced a contract to upgrade and manage the technology and telecommunications ...

TIM agrees EUR 4 mln Gorizia FTTH rollout

Published 08 Jun 2021 14:33 CET | Italy
Telecom Italia (TIM) announced an agreement with Gorizia town council to begin rolling out a fibre-to-the-home network in the ...

TIM to continue as Serie A title sponsor until 2024

Published 08 Jun 2021 08:55 CET | Italy
Telecom Italia (TIM) has announced an agreement to continue as the title sponsor of Italy's top-tier Serie A football league ...

Telecom Italia to bring gigabit fibre to Castelfranco Veneto

Published 07 Jun 2021 14:46 CET | Italy
Telecom Italia (TIM) announced plans to build a fibre-to-the-home network in the town of Castelfranco Veneto in the northeastern ...

TIM offering clients unlimited summer data for under EUR 5 a month

Published 07 Jun 2021 08:44 CET | Italy
Telecom Italia (TIM) has relaunched an offer that gives existing customers the opportunity to transform their existing data ...

TIM doubling Supergiga data in summer promo

Published 04 Jun 2021 10:41 CET | Italy
Telecom Italia (TIM) has begun offering double data to users subscribing to its Supergiga 20, Supergiga 50 and Supergiga 100 ...

Dazn to raise Italy fee in July following Serie A deal

Published 02 Jun 2021 13:53 CET | Italy
Sports streaming platform Dazn confirmed that the list price for a monthly subscription will rise from EUR 9.99 to EUR 29.99 on ...

TIM starts EUR 10 mln Fiumicino FTTH build

Published 28 May 2021 14:37 CET | Italy
Telecom Italia (TIM) announced the launch of a fibre-to-the-home cabling plan in the town of Fiumincino on the outskirts of Rome ...

TIM launches EUR 3 mln Trani FTTH build

Published 25 May 2021 15:35 CET | Italy
Telecom Italia (TIM) announced an agreement with Trani city council to begin rolling out a fibre-to-the-home network in the ...

Telecom Italia to bring gigabit fibre to Carrara

Published 24 May 2021 15:26 CET | Italy
Telecom Italia (TIM) announced plans to build a fibre-to-the-home network in the northern Tuscan city of Carrara after reaching ...

TIM to invest EUR 6.5 mln in Capannori FTTH build

Published 24 May 2021 09:57 CET | Italy
Telecom Italia (TIM) announced an agreement with Capannori town council to begin rolling out a fibre-to-the-home network in the ...

TIM brings 10Gbps symmetric connection to Piedmont competence centre

Published 24 May 2021 09:43 CET | Italy
Telecom Italia (TIM) said it has helped equip the CIM4.0 competence centre in Piedmont with a 10Gbps symmetric connection thanks ...

TIM looking to boost FTTH uptake with Serie A offering - CEO

Published 21 May 2021 08:58 CET | Italy
Telecom Italia (TIM) is betting on its partnership with streaming service DAZN to air top-tier Serie A live football games over ...

TIM pays EUR 116 mln antitrust fine, continues appeal

Published 20 May 2021 10:12 CET | Italy
Telecom Italia (TIM) said it has proceeded to pay a EUR 116 million fine imposed by antitrust watchdog AGCM for abusing its ...

TIM Brasil Q1 revenues up 3% to BRL 4.3 billion

Published 10 May 2021 10:53 CET | Brazil
TIM Brasil reported first quarter-net revenues of BRL 4.34 billion, up 3 percent year-on-year. Mobile services revenues rose 2.8 ...

TIM secures over two-thirds of government broadband vouchers

Published 21 Apr 2021 09:30 CET | Italy
Telecom Italia (TIM) has secured 76 percent of the government-backed funds made available to low-income households to set up a ...

TIM, KKR and Fastweb execute FiberCop agreement

Published 01 Apr 2021 10:29 CET | Italy
FiberCop, the new last-mile fibre and copper grid company set up by Telecom Italia (TIM), KKR and Fastweb, is now fully ...

Dazn secures domestic Serie A rights, to air games on TIMvision

Published 29 Mar 2021 09:17 CET | Italy
Sports streaming platform Dazn has finally acquired the domestic rights to air Italy's top-tier Serie A football league for the ...

Telecom Italia revenues improve to 2% fall in Q4, CEO seeks new term

Published 24 Feb 2021 09:39 CET | Italy
Telecom Italia (TIM) reported an organic 2.1 percent year-on-year decline in revenues to EUR 4.15 billion in the final quarter of ...

TIM launches new cloud services unit 'Noovle'

Published 25 Jan 2021 13:52 CET | Italy
Telecom Italia (TIM) has announced the creation of a new wholly-owned unit specialising in the provision of cloud and edge ...