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Telecom Italia confirms guidance as debt falls

FILE PHOTO: Telecom Italia's logo for the TIM brand is seen on building roof downtown Milan
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MILAN (Reuters) - Italy's biggest phone group Telecom Italia confirmed its guidance on Thursday after reporting a better than expected improvement in net debt, even as stiffer competition in its domestic market continued to take its toll.Telecom Italia (TIM) said its net debt at the end of September fell to 24.3 billion euros, with a reduction of 958 million euros compared with the end of last..
Date Published: Nov 07, 2019
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