Telecom Italia (TI) has reported consolidated revenues of EUR29.5 billion (USD39.8 billion) for the twelve months ended 31 December 2012, down 1.5% year-on-year, on an organic basis. Of the total, EUR16.9 billion was derived from TI’s ‘core domestic interests’, down 6.4% y-o-y. Revenues generated by the group’s Brazilian asset TIM Participacoes (TIM Brasil) increased 1.8% to EUR7.5 billion, while Telecom Argentina weighed in with sales of EUR3.8 million, an improvement of 17.5%. Meanwhile, EBITDA for 2012 was EUR11.7 billion, down 4.2% y-o-y. CAPEX for the period under review amounted to EUR5.2 billion, down EUR899 million compared to the year-ago period.
Subscribe to CommsUpdate to get the day’s top telecom headlines delivered to your email.
Browse Past Issues
Filter CommsUpdate by the following categories or use the search.
Visit our help page information on performing advanced searches, including how to restrict the results by country or company.
CommsUpdate is an outstanding advertising venue for companies seeking to reach:
- International carriers
- Wholesale service providers
- Equipment and software vendors
- Telecom investors