Telecom Italia S.p.A. · MIL:TIT
Telecom Italia — 9M 2008 Earnings Presentation
6 slides from Telecom Italia's earnings presentation, Nov 7, 2008
Slide 1: Telecom Italia Group 9M '08 Highlights
GRUPPO TELECOM ITALIA 9M ’08 Results Milan, November 7th, 2008 Telecom Italia Group 9M ’08 Highlights FRANCO BERNABE’
Slide 2: Safe Harbour
Safe Harbour These presentations contain statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements appear in a number of places in this presentation and include statements regarding the intent, belief or current
Slide 3: 9M Results fully on track to meet 2008 Guidance
9M Results fully on track to meet 2008 Guidance 9M 2008 Δ yoy Target 2008 2008 FY Outlook Total Revenues (*) 22.4 bln € -3.0% 30.4 – 30.5 bln € 9 EBITDA margin (*) 39.9% -1.3pp ~ 38.0% 9 (excluding 1998 Licence Fee for ~0.5 Bln € and restr. cost for ~0.3 Bln €) Capex 4.0 bln € +0.4 bln € ~ 5.4 bln €
Slide 4: 9M Results - Group Main Highlights
9M Results - Group Main Highlights Decreased organic revenue erosion trend, mainly driven by domestic recovery: -1.5% in 3Q08, -3.6% in 2Q08, -4.0% in 1Q08. Increase in organic revenues recorded in September (+0.8% YoY) Domestic Business: Strong reduction in fixed access losses (-355k in 3Q08 from -
Slide 5: Lean Company: 9M '08 Results
Lean Company: 9M ’08 Results € 110 mln capex saving on IT (fully on track with our 2008 target); IT Rationalization and mainly driven by rationalization of BSS/OSS & IT Infrastructure Integration organization and a review of sourcing models, processes and capital allocation priorities Commercial Cos
Slide 6: Enhanced Regulatory Framework: Main Achievements and Update
Enhanced Regulatory Framework: Main Achievements and Update ► Closing of Public Consultation on TI proposed undertakings (Sept. 29th) and submission of Telecom Italia undertakings final proposal on key access markets (Oct. 29th). The final proposal does not deal with NGN services. The AGCOM analysis