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General

TIM expecting FY organic EBITDA down 5% to EUR 8.1 bln

Friday 18 January 2019 | 09:08 CET | News
Telecom Italia (TIM) said it expects to report an organic EBITDA of EUR 8.1 billion for 2018 as a whole, down by a "mid single digit" year on year due to domestic pressure and despite the improved performance of its TIM Brasil unit. In a statement released following a meeting of its board of directors TIM said the "competitive dynamics" that hurt its Italian business last year are set to continue impacting 2019, above all the first half of the year.

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