Report
Stephane Beyazian

Telecom Italia : CEO & CFO roadshow feedback

>No sale of Brazil nor Enterprise and still good chances on Sparkle and earn-outs - Key takeaways from meetings in Paris with CEO Pietro Labriola, CFO Adrian Calaza and Head of IR Paolo Lesbo:Future possible proceeds (sale of Sparkle, earn-outs) will be reviewed for possible shareholder returns. Dividends are likely to return by 2026.Sparkle asset: a transaction is possible by July. Sparkle is EBITDA-capex neutral, hence no material impact on guidance if sol...
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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