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General

Telecom Italia revenues up 8.5% in Q1, EBITDA up 16%

Thursday 4 May 2017 | 08:02 CET | News
Telecom Italia reported an 8.5 percent year-on-year rise in revenues to EUR 4.82 billion in the first quarter, driven by 230,000 net broadband additions in the group's domestic market and a return to growth in Brazil. On an organic basis, excluding exchange rate effects, revenues rose 2.6 percent in the first three months of the year, an improvement on the 0.8 percent year on year rise in Q4 and the 1.2 percent fall in Q3. The company's EBITDA for the quarter soared by 16.2 percent year on year on a consolidated basis to EUR 1.99 billion, some EUR 278 million higher than a year earlier, again

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