Telecom Italia pushes back core profit target, says virus impact hard to gauge
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MILAN (Reuters) - Italy's biggest phone group, Telecom Italia (TIM) , said on Tuesday it was postponing its target to return to core profit growth this year after anticipating lower service revenue dogged by underperforming domestic business.But it cautioned the impact of the coronavirus outbreak on Italian and global growth and the possible knock-on effect on its own plan was hard to assess."(It) is difficult to quantify at the moment and will be a function of the duration, intensity and..