Remember that in a surprise move Telecom Italia had released its 2018 preliminary results on 18/1. So the annual release of this morning is not a surprise. Q4 revenues were down by 2.5% yoy in organic terms: - Italian activities were down by 4.1% yoy and nevertheless suffering from regulation and from the entry of Iliad into the Italian mobile market; - the Brazilian unit has seen its revenues grow by 5.1% (a good number compared to Telefonica Brazil) in BRL (they were down by 2.5% in reporte
22 Feb 2019
Eliott is making its plan a reality
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Eliott is making its plan a reality
Telecom Italia S.p.A. (TIT:WBO) | 0 0 0.6% | Mkt Cap: 14,111m
- Published:
22 Feb 2019 -
Author:
Jean-Michel Salvador -
Pages:
3
Remember that in a surprise move Telecom Italia had released its 2018 preliminary results on 18/1. So the annual release of this morning is not a surprise. Q4 revenues were down by 2.5% yoy in organic terms: - Italian activities were down by 4.1% yoy and nevertheless suffering from regulation and from the entry of Iliad into the Italian mobile market; - the Brazilian unit has seen its revenues grow by 5.1% (a good number compared to Telefonica Brazil) in BRL (they were down by 2.5% in reporte