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General

Telecom Italia service revenues improve to 0.4% fall in Q2 on Brazil gains, rising ARPU

Friday 2 August 2019 | 09:06 CET | News
Telecom Italia (TIM) reported a 0.4 percent year-on-year decline in second quarter service revenues to EUR 4.5 billion on a comparable basis, an improvement on falls of 2.5 percent and 2.9 percent in the previous two quarters, helped by a 2.4 percent rise in service revenues at its TIM Brasil unit that partly offset a 1.2 percent decrease at its domestic unit. Second-quarter service revenues including international wholesale services arm Sparkle came to EUR 4.14 billion, down 2.5 percent year on year, said TIM. The company's EBITDA was EUR 1.9 billion in the second quarter, down 2.6 percent

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