Telecom Italia Posts 1 Million Euro Loss in Third Quarter
Group revenue rose 4.3% in the period but the 23 million euro profit from the previous year was wiped out
Telecom Italia ended the third quarter with a loss of 1 million euros. This result contrasts with the 23 million euro profit reported during the same period in 2025.
Total revenue for the company reached 3.61 billion euros. This figure represents a 4.3% increase compared to the 3.46 billion euros obtained the previous year.
Operating profit, measured by Ebitda after leases, followed the revenue growth and rose 4.3%. The amount reached 1.046 billion euros at the close of the quarter.
Operations in Brazil remain a central part of the company strategy. TIM Brasil spent 29.5 million reais between January and September on consulting services to evaluate strategic projects.
Financial instability in major European infrastructure companies may increase risk aversion in equity assets and put pressure on the dollar globally.
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