Telecom Italia : Q2 in line, Telecom Italia advances its pawns with a partnership envisaged with KKR
>Q2 2020 publication in line - Telecom Italia reported a Q2 2020 in line with expectations:Revenue down 10.1%: Q2 revenue was down 10.1% organic and 16.1% reported (-8.4% in Q1) to € 3.82bn (vs ODDO BHF: € 3.8bn and consensus: € 3.82bn): domestic services revenue -9.1% in Q2 (vs -8.8% in Q1), mobile services revenue (-9.8% vs -11.7% in Q1), fixed services revenue (-8.5% vs -9.7% in Q1). Brazil was in line with limited organic growth of -3.4% in service revenue v...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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