Telecom Italia Posts In-Line Q3 Profit

Telecom Italia reported third-quarter core earnings in line with market expectations as revenues beat estimates. The company confirmed its full-year 2026 outlook and called a shareholder meeting.

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FILE PHOTO: The Tim logo is seen at its headquarters in Rome, Italy November 22, 2021. REUTERS/Yara Nardi/File Photo

TELECOM ITALIA SPA posted third-quarter core earnings matching expectations on Tuesday afternoon, bolstered by growth across Brazil and enterprise segments. The former phone monopoly reported steady financial performance as state-backed buyers reshape its ownership structure in Italy to consolidate national digital infrastructure.