Telecom Italia Media

Telecom Italia reports first profit since 2010

Telecom Italia has posted its 2014 full year results showing the telco achieved profits for the first time in three years. This follows the operator’s recently announced three-year strategic plan, under which it plans to invest some €14.5 billion to modernise its network infrastructure.

Telecom Italia set to buy out broadcasting division

Telecom Italia has announced it is planning to buy out its media division of which it already owns 78%. The telco said the incorporation of Telecom Italia Media (TI Media), which has been publicly traded for over a decade, has been approved by board members on the basis of simplifying and rationalising the group structure.

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