Q1 revenues were down organically by 5.6% yoy: In Italy, revenues were down by 2.3% yoy (as in the two previous quarters). This is a little bit disappointing: the recovery trend is slowing slightly compared to the previous quarters, after, in particular, a worsening of the performance in the Fixed segment, while the solid, structural recovery of Mobile revenues was confirmed, thanks both to maintenance of market share and stabilisation of ARPU levels. Note the revenues of the Consumer segment
16 May 2016
The new CEO's aim to reach 2019 with €1.6bn of efficiencies
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The new CEO's aim to reach 2019 with €1.6bn of efficiencies
Telecom Italia S.p.A. (TIT:WBO) | 0 0 0.6% | Mkt Cap: 14,111m
- Published:
16 May 2016 -
Author:
Jean-Michel Salvador -
Pages:
3
Q1 revenues were down organically by 5.6% yoy: In Italy, revenues were down by 2.3% yoy (as in the two previous quarters). This is a little bit disappointing: the recovery trend is slowing slightly compared to the previous quarters, after, in particular, a worsening of the performance in the Fixed segment, while the solid, structural recovery of Mobile revenues was confirmed, thanks both to maintenance of market share and stabilisation of ARPU levels. Note the revenues of the Consumer segment