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Telecom Italia revenue declined in 2013, prelim figures show

Board approves speeding up of Brazil unit, other asset sales

07 February, 13:32
Telecom Italia revenue declined in 2013, prelim figures show (ANSA) - Milan. February 7 - Telecom Italia revenue likely declined last year, while the telecoms group reached its debt and gross operating profit for last year, according to preliminary figures from the former state-owned monopoly.

Telecom's board approved a motion to speed up the process of a plan to sell its Brazilian unit, as well as that of any other asset or business sales individually valued at over one billion euros.

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