Brief: TIM Receives Over €1 Bln For 1998 Concession Fee Reimbursment
BRIEF-TIM Receives Over €1 Bln For 1998 Concession Fee Reimbursment June 11 (Reuters) - Telecom Italia SpA TLIT.MI:
TIM REIMBURSEMENT RECEIVED FOR THE 1998 CONCESSION FEE, FOR AN AMOUNT OF JUST OVER €1 BILLION
AMOUNT RECEIVED INCLUDES ORIGINAL FEE, AMOUNTING TO OVER €500 MILLION, PLUS MONETARY REVALUATION AND ACCRUED INTEREST
PAYMENT ALREADY FACTORED INTO FINANCIAL GUIDANCE FOR 2026
Further company coverage: TLIT.MI
(Reporting by Gdansk Newsroom)
((gdansk.newsroom@thomsonreuters.com; +48587696600;))
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