Telecom Italia : Q2 2024: pro forma results of New Tim are stronger
>FY 2024 targets confirmed with a better H2 2024 - Telecom Italia has reported its first ever results since the sale of its fixed-line infrastructure “NetCo”. The new reporting units are Italian consumer, Italian enterprise and Brazil (vs Italian, mobile, Italian fixed-line and Brazil previously). Our current estimates visible here are not yet under new group structure, which we expect to factor in shortly.Group service revenues in Q1 2024 are up 4.5 % y-o-y pro ...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).
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.
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