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Telecom Italia lowers full-year revenues outlook


Source: Telecompaper
August 11, 2008
Telecompaper
Telecom Italia lowers full-year revenues outlook (Telecompaper) Telecom Italia has lowered its full-year outlook due to slower sales at its units in Brazil and Germany. Mobile operator TIM Brasil has cut its sales growth outlook to 7 percent, from an estimate of 9 percent in May, while Germany's Hansenet now forecasts annual sales of EUR 1.2 billion, down from an earlier outlook for EUR 1.3 billion. Telecom Italia puts group sales now at EUR 30.4-30.5 billion, versus a previous estimate of EUR 31 billion, while the EBITDA margin forecast... RSS Share it

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