Berkshire Hathaway reveals $4.3 billion stake in Alphabet, cuts Apple
Investing.com -- Telecom Italia reported a rise in core earnings for the first nine months of the year and reaffirmed its outlook for 2025, expecting around 7% EBITDA growth.
Shares in the company slipped 1.3% in Thursday trading.
The Italian telecoms group said EBITDA after leases (EBITDAal) increased 5.3% to €2.7 billion. Domestic EBITDAal rose 4.1% to €1.5 billion, while its Brazilian unit posted a 6.9% gain to €1.2 billion.
Revenue for the period reached €10 billion, up 2.3% year-on-year, supported by solid performance across both its home market and Brazil. The company said higher revenues and margins reflected strong execution across its business segments.
Net debt after leases stood at €7.5 billion as of September 30.
Telecom Italia also said that customers from PosteMobile, the telecom unit of Poste Italiane, are expected to migrate to its network in the first quarter of 2026.
