Tim rises on the stock exchange on board day, and the market waits for news on the single network

(Il Sole 24 Ore Radiocor) – Business reorganization, new strategies and point around the topic of creating a single network. These are the issues on the Telecom Italia board table, as the stock market title starts running and then slows and moves a little better than the FTSE MIB. Equita analysts with a “hold” opinion on the €0.29 target stake expect “a final clarification on Netco and ServCo’s perimeter and operating trends for the two assets, including indicators of debt, capital expenditure and free cash flow”. For ServCo, they expect to “better identify market trends for business (EnterpriseCo) and consumer worlds”. Furthermore, indications from the board should arrive regarding the effects of recent appointments to Pnrr tenders (fixed, mobile and cloud), “with the need for capital expenditures which could therefore rise in the short term (2022-2023) and then decline after 2026 as a result of the upgrade made possible by European funds.

Negotiations with Dozen are also on the table

In addition, indications of negotiating with Dazn to review the guaranteed minimum football contract and update group guidelines are also expected. According to the analysts, “the most price-sensitive issue for the stock relates to negotiations with the CDP for the purchase of NetCo: we do not expect any statements to this effect during the board meeting, but greater disclosure about the surroundings and operating trends should allow for a better assessment of asset values ​​and the sustainability of NetCo’s former business.”

according to what he writes sun 24 hoursto 31 billion leaked by Vivendi, is comparable to the 17-21 billion that the market indicated and the 25 billion that Tim aims to acquire.

Leave a Comment