Report
Stephane Beyazian

Telecom Italia : Can a positive surprise be expected from Italy for Q2 2023?

>A stabilisation in EBITDAaL in Italy has been long awaited - Telecom Italia is set to report its earnings for Q2 2023 on 3 August. We continue to expect a decline in mobile revenues in Italy (-4% in services revenues). Conversely, we are also hopeful to see in Q2 2023: i/ virtual stabilisation of the fixed activity in Italy, buoyed by growth on the business market; ii/ a stabilisation of EBITDAaL in Italy for the first time in many years (vs -3.5% in Q1 2023); i...
Underlying
Telecom Italia S.p.A.

Telecom Italia is a telecommunications group based in Italy. Co. is engaged in the communications sector and, particularly, the fixed and mobile national and international telecommunications sector, the television sector and the office products sector. Co. operates mainly in Europe, South America and the Mediterranean Basin. Co.'s operations are organized along two operating segments: Domestic - Italy (providing telephone and data services on fixed-line and mobile networks for final customers (retail) and other operators (wholesale)); and Brazil (operates in the mobile phone, fixed telephony, in long-distance and data transmission markets in Brazil).

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Stephane Beyazian

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