Free Trial

COMMUNICATIONS: Telecom Italia Q3 Look Broadly Stable; Guidance Confirmed

COMMUNICATIONS

Ba3[P]/BB/BB

Results look slightly behind company-provided consensus albeit the underlying trends look intact with a tick lower in leverage and management affirming the year-end leverage target of <2x. FCF remains weak though CapEx was better than expected.

Keep reading...Show less
171 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

Ba3[P]/BB/BB

Results look slightly behind company-provided consensus albeit the underlying trends look intact with a tick lower in leverage and management affirming the year-end leverage target of <2x. FCF remains weak though CapEx was better than expected.

Keep reading...Show less