Telecom Italia's debt below 27 bn target
Net loss narrowed to 674 million07 March, 11:54
Debt was down 1.5 billion on the previous year.
The company closed 2013 with a net consolidated loss of 674 million euros on which weighed a 2.2 billion euro goodwill charge made in the first semester.
While still struggling on its domestic market - a performance counterbalanced by the resilience of its Brazilian business - it said its board had decided not to pay dividend on ordinary shares.
Telecom Italia will pay 2.75 euro cents a piece on savings shares Consolidated revenue declined 5.2% to 23.4 billion euros.
Liquidity on 31 December 2013 totalled 13.6 billion euros.