0834 GMT - Telecom Italia's upcoming first-quarter results will likely be consistent with its full-year guidance, Equita's Domenico Ghilotti writes in a note. The Italian investment bank expects the company to confirm its 2025 targets, with the only negative element being the euro-to-Brazilian-real exchange rate. Additionally, TIM--as Telecom Italia is known--is expected to report a slight improvement in line losses compared to the fourth quarter in both fixed and mobile its domestic market. Line losses refer to financial and operational costs from with problems such as network outages, damages to infrastructure, and network congestion. Shares are up 0.2% at 0.35 euros. (najat.kantouar@wsj.com)
(END) Dow Jones Newswires
April 30, 2025 04:34 ET (08:34 GMT)
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