Telecom Italia confident on hitting annual goals - Mobile World Live
20 MAY 2021
Telecom Italia expressed confidence in achieving its full-year targets despite revenue remaining flat at €3.8 billion in Q1, citing moves to accelerate digital transformation and strategic agreements reached during the period.
It highlighted a new Beyond Connectivity strategy, covering the period to end-2023, as a main driver of digital services, and agreements made in the consumer and business markets.
Telecom Italia also noted stabilisation in its fixed service revenue and “greater satisfaction and loyalty in the mobile market”, with churn at its lowest level in 14 years.
The operator recorded a 30 per cent growth in revenue linked to cloud and IT services, driven by a partnership with Google Cloud.