Telecom Italia's Strong Q3, Brazil Boost, Customer Migration
Update: 2025-11-06
Description
Telecom Italia reports robust financial growth for Q1-Q3 2022, with a 5.3% increase in core earnings to €2.7 billion. Domestic Italian market and Brazilian operations drive this growth. Despite positive results, shares dip 1.3% due to market trends. Total revenue hits €10 billion, a 2.3% increase YoY. Net debt after leases stands at €7.5 billion. Future customer migration from PosteMobile expected in Q1 2026.
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