0
General

Telecom Italia sales up 6% in Q2, de Puyfontaine named interim CEO

Friday 28 July 2017 | 08:01 CET | News
The company added that on an organic basis, excluding exchange rate effects, its revenues rose 3.7 percent in the April to June period, an improvement on rises of 2.6 percent and 0.8 percent in the previous two quarters. The company's consolidated EBITDA for the quarter was up 5.5 percent on like for like terms to EUR 2.1 billion, attributed in part to the cost recovery plan launched a year earlier in Italy and in the third quarter of 2016 at its TIM Brasil unit. The group's adjusted net debt came to EUR 25.1 billion at the end of Q2, some EUR 131 million less than at the end of March.

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: Telecom Italia / TIM / TIM Brasil / Vivendi
Countries: Brazil / 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 revenues down 1.6% in Q1 on Brazil decline, regulatory fines

Published 17 May 2018 08:36 CET | Italy
Telecom Italia reported a 1.6 percent year-on-year decline in revenues to EUR 4.74 billion in the first quarter, hit by falling ...

Telecom Italia agrees to network spin-off, posts Q4 sales up 2.8% to EUR 5.1 bln

Published 07 Mar 2018 08:37 CET | Italy
Telecom Italia (TIM) announced that its board of directors approved a plan to voluntarily separate its fixed access network, ...

TIM chairman confirms Recchi's departure as deputy chairman

Published 26 Jan 2018 16:38 CET | Italy
Arnaud de Puyfontaine, the chairman of Telecom Italia (TIM) and CEO of its largest shareholder Vivendi, has confirmed that TIM's ...

Telecom Italia revenue growth slows to 1.3% in Q3, EBITDA lower

Published 10 Nov 2017 10:40 CET | Italy
Telecom Italia (TIM) reported a 1.3 percent year-on-year rise in revenues to EUR 4.91 billion in the third quarter, up from EUR ...

TIM invests over EUR 4.5 mln in Lucca fibre rollout

Published 27 Oct 2017 10:01 CET | Italy
Telecom Italia (TIM) has activated a fibre-optic network in the historic city of Lucca in northern Tuscany in a total investment ...

TIM concludes project to bring fibre to 142 Sicilian localities

Published 18 Oct 2017 15:21 CET | Italy
Telecom Italia (TIM) has completed its "Strategic Ultrabroadband Project" to bring fibre-optic technology to 142 localities on ...

TIM launches 4G clone of Nokia 3310 classic handset

Published 10 Oct 2017 10:53 CET | Italy
Telecom Italia (TIM) has announced the launch of a new vintage-style Android-powered handset with alphanumeric keyboard and 4G ...

TIM expands FTTC service to Monte Urano

Published 09 Oct 2017 11:07 CET | Italy
Telecom Italia (TIM) has activated a fibre-optic network in the town of Monte Urano in the central Italian region of Marche. The ...

Telecom Italia issues EUR 1.25 billion 10-year bond

Published 06 Oct 2017 15:11 CET | Italy
Telecom Italia (TIM) has announced the successful issue of a EUR 1.25 billion fixed rate bond to institutional investors. The ...

TIM brings 200Mbps FTTC to Marche locality

Published 05 Oct 2017 10:24 CET | Italy
Telecom Italia (TIM) has activated a fibre-optic network in the town of Urbania in the central Italian region of Marche. The ...

TIM to have 80% control of Canal Plus joint venture - report

Published 08 Sep 2017 10:47 CET | Italy
Telecom Italia (TIM) will have 80 percent of the capital of the planned broadcasting joint venture with Vivendi's pay-TV channel ...

Telecom Italia to name new CEO by end-September - report

Published 07 Sep 2017 09:28 CET | Italy
Telecom Italia (TIM) is looking to appoint a new Chief Executive Officer to replace Flavio Cattaneo by the end of September and ...

Prysmian awarded EUR 33 mln Telecom Italia fibre contract

Published 05 Sep 2017 13:54 CET | Italy
Milan-listed cable maker Prysmian has announced a renewal of its partnership with Telecom Italia (TIM) via three different ...

Sparkle 'not a taboo subject' - TIM deputy chairman

Published 04 Sep 2017 15:18 CET | Italy
A possible sale of Telecom Italia's international wholesale unit Sparkle is up for discussion with the company prepared to listen ...

Italian govt could force TIM to sell Sparkle and Telsy units - report

Published 28 Aug 2017 08:30 CET | Italy
The Italian government could force Telecom Italia (TIM) to sell its strategic Sparkle and Telsy units due to the increasing ...

Italian government begins TIM-Vivendi talks - report

Published 25 Aug 2017 15:28 CET | Italy
The Italian government is holding the first of an expected series of discussions over the increasing role in Telecom Italia ...

TIM lawyers say Vivendi has not breached ownership rules - report

Published 14 Aug 2017 16:28 CET | Italy
Lawyers hired by Telecom Italia to examine its relationship with French shareholder Vivendi have advised TIM that the French ...

TIM ordered to detail Vivendi influence on 23 Aug - report

Published 11 Aug 2017 09:28 CET | Italy
Italy's government has extended the deadline for Telecom Italia (TIM) to submit a report explaining Vivendi's management role in ...

TIM says no basis for govt to use 'golden power' over company

Published 10 Aug 2017 14:23 CET | Italy
The growing influence of France's Vivendi in the direction of Telecom Italia (TIM) doesn't imply the effective control of its ...

Italian watchdog tells Vivendi to reveal TIM control - report

Published 07 Aug 2017 08:45 CET | Italy
French media giant Vivendi will be required to confirm on 07 August whether or not it effectively controls Telecom Italia (TIM), ...

Industry minister wants probe into Vivendi's TIM control

Published 03 Aug 2017 09:04 CET | Italy
The Italian government has announced that industry minister Carlo Calenda has requested clarification as to whether French media ...

Telecom Italia, L'Espresso launch TIM MyNews app

Published 02 Aug 2017 15:15 CET | Italy
TIM (Telecom Italia) has teamed up with media group Gruppo Editoriale L'Espresso to launch an app designed to give users ...

Genish named TIM general manager for operations

Published 31 Jul 2017 08:08 CET | Italy
Telecom Italia (TIM) has announced the appointment of Vivendi's chief convergence officer Amos Genish as its new general manager ...

TIM relaunches smart home platform with new router and STB

Published 27 Jul 2017 15:40 CET | Italy
Telecom Italia (TIM) has rebranded its fibre-led smart home ecosystem, calling it TIM Home Platform and basing it round a new ...

TIM hits 1Gbps on live mobile network using LAA

Published 27 Jul 2017 09:13 CET | Italy
Telecom Italia (TIM) has claimed a world first, demonstrating download speeds of up to 1Gbps on a live mobile network using ...

Vivendi preparing Italian version of Canal Plus with TIM - report

Published 25 Jul 2017 15:32 CET | Italy
French media giant Vivendi wants to launch an Italian version of Canal Plus and has proposed setting up a joint venture between ...

TIM to suspend rural broadband plan - report

Published 25 Jul 2017 09:20 CET | Italy
Telecom Italia (TIM) is set to suspend a project to expand its fibre-optic broadband network to underserved and rural areas all ...

Telecom Italia confirms CEO exit 'by mutual consent'

Published 25 Jul 2017 08:28 CET | Italy
Telecom Italia (TIM) has confirmed that its chief executive Flavio Cattaneo will be leaving the company by mutual consent after ...

Vivendi appeals against order to cut Mediaset or TIM stake

Published 20 Jun 2017 12:12 CET | Italy
French media giant Vivendi has notified all parties that it will be lodging an appeal against an antitrust ruling by ...

Vivendi may 'freeze' part of its Mediaset stake - report

Published 15 Jun 2017 11:03 CET | Italy
French media giant Vivendi may end up transferring up to 18.8 percent of its stake in Italian commercial broadcaster Mediaset ...

Vivendi CEO confirmed as new Telecom Italia chairman

Published 02 Jun 2017 08:38 CET | Italy
Telecom Italia (TIM) has announced the appointment of Vivendi's chief executive Arnaud de Puyfontaine as its new executive ...

EC approves Vivendi control over TIM if Persidera unit sold

Published 31 May 2017 08:36 CET | Italy
European Commission antitrust regulators have finally given their approval to Vivendi's plan to take over control of Telecom ...

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

Published 04 May 2017 08:02 CET | Italy
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 ...

Inwit's net profit up 23% to EUR 29 mln in Q1

Published 01 May 2017 08:39 CET | Italy
Telecom Italia's tower unit Infrastrutture Wireless Italiane (Inwit) reported revenues of EUR 86.4 million in the first quarter ...

Italian mobile market: Wind Tre biggest, but TIM leads revenue growth ahead of Iliad entry

Published 25 Apr 2017 14:00 CET | Italy
As Iliad prepares to enter the Italian market, the three incumbent operators are re-positioning to protect their shares. Wind ...

Telecom Italia Q4 sales up 5.3%, plans EUR 11 bln spend

Published 06 Feb 2017 07:56 CET | Italy
Telecom Italia reported a 5.3 percent year-on-year rise in fourth-quarter revenues to EUR 5.10 billion, driven by an improved ...

Vivendi's Telecom Italia stake up above 24% again

Published 07 Dec 2016 09:07 CET | Italy
The controlling stake in Telecom Italia held by Vivendi increased to 24.19 percent on 05 December compared to 23.15 percent on 23 ...

Telecom Italia EBITDA up 6.7% to EUR 2.15 bln in Q3

Published 04 Nov 2016 13:57 CET | Italy
Telecom Italia consolidated its recent turnaround in the third-quarter, announcing a 6.7 percent year-on-year organic rise in ...





Calendar   /   Industry Events

21 Oct Logitech fiscal Q2
21 Oct Brand Marketing and Digital Summit
22 Oct DNA Q3 2019
22 Oct Calix Q3 2019
22 Oct Grameenphone Q3 2019
22 Oct Snap Q3 2019
22 Oct MWC Los Angeles 2019
23 Oct Orange Belgium Q3 2019
23 Oct Telenor Q3 2019
23 Oct Millicom Q3 2019
23 Oct Rogers Communications Q3 2019
23 Oct Microsoft fiscal Q1
23 Oct Netgear Q3 2019
23 Oct Annual Customer Service Summit
24 Oct Netia Q3 2019
24 Oct Comcast Q3 2019
24 Oct Nokia Q3 2019
24 Oct Juniper Networks Q3 2019
24 Oct Norwegian telecoms market H1 report
24 Oct Smith Micro Q3 2019
24 Oct Verisign Q3 2019
24 Oct STMicroelectronics Q3 2019
24 Oct Televisa Q3 2019
24 Oct Nordic Entertainment Q3 2019
24 Oct Amazon Q3 2019
24 Oct HKBN fiscal FY
24 Oct Maxlinear Q3 2019
25 Oct Verizon Q3 2019
25 Oct Shaw Communications fiscal Q4
25 Oct Charter Communications Q3 2019
::: More Calendar Items