Connect with us
Finance Digest is a leading online platform for finance and business news, providing insights on banking, finance, technology, investing,trading, insurance, fintech, and more. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.


TIM CEO sees potential benefits of almost 5 billion euros from new business plan – paper

TIM CEO sees potential benefits of almost 5 billion euros from new business plan – paper

ROME (Reuters) – The CEO of Telecom Italia (TIM) said in an interview on Thursday he sees potential additional benefits of almost 5 billion euros ($5.37 billion) from a new business plan, adding they could in part be used for dividends and actions to accelerate growth.

Speaking to Italian daily Il Messaggero, Pietro Labriola also said there were several possible outcomes for ongoing talks for the sale of TIM’s Sparkle unit, which could be concluded shortly.

Labriola said he believes there is no reason to believe that Telecom Italia’s plan to sell its fixed network grid to U.S. fund KKR – the centerpiece of his business strategy – will not be closed in the foreseen timeframe.

($1 = 0.9308 euros)


(Wrtiting by Francesca Piscioneri, editing by Alvise Armellini)


Continue Reading

Why pay for news and opinions when you can get them for free?

       Subscribe for free now!

By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Posts