Brief: Telecom Italia CEO says sale of Sparkle unit to be completed by end-June

Telecom Italia SpA

07/05/2026 14:01

May 7 (Reuters) - Telecom Italia TLIT.MI managers say in post-results call:

TELECOM ITALIA CFO: ENERGY COSTS REMAIN WELL UNDER CONTROL

TELECOM ITALIA CFO: WE EXPECT TO CASH IN AROUND 50% OF THE 1 BILLION EURO CONCESSION FEE REIMBURSEMENT IN THE COMING WEEKS, WITH THE REMAINING 50% SPREAD BETWEEN Q3 AND Q4

TELECOM ITALIA CEO: WE EXPECT COMPLETION OF SALE OF ITALIAN SUBMARINE UNIT SPARKLE BY THE END OF Q2

Source text: [ID:]

Further company coverage: TLIT.MI

 (Reporting by Milan newsroom)