"The company is healthy and robust, it makes investment plans that do not fear comparison with its Italian and European competitors". This was stated by Marco Patuano, CEO of Telecom Italia, on the occasion of the assembly of small Telecom shareholders of Asati. Patuano, who will be a guest at Bocconi tomorrow for a conference on innovation, then added that the company has cash of 8,1 billion: “If we don't have to issue new income instruments, we'll have cash for three years. No one doubts that Telecom Italia will go bankrupt tomorrow”.
Patuano: "Telecom Italia has cash for 3 years"
The managing director of Telecom Italia said it on the occasion of the assembly of small Telecom shareholders of Asati: "If we don't have to issue new income instruments we will have cash for three years".
FIRSTonline editorial team
FIRSTonline is an independent web journal of economics, finance and stock exchange published by AL Iniziative Editoriali Srl with registered office in Rome, founded and controlled by Ernesto Auci e Franco Locatelli and owned by two minority shareholders (Alessandro Pavesi and Laura Rovizzi). The portal and its applications are created in daily life by two agile editorial offices, one in Milan and one in Milan Roma, and by an innovative and effective team of innovation and web managers.
You might also be interested ...
-
Stock market closes April 29th: weak price lists awaiting Fed moves on rates. But Tesla is resurrected (+11%) due to a Chinese agreement
-
Latest stock market news: price lists slow down waiting for Fed and quarterly reports. Banks and luxury down in Milan, purchases on utilities
-
Vivendi: Lagardère raises revenues above 4 billion in the first quarter of 2024. Split to vote in 2025
-
Stock market ready to rise on April 29th after the close of trading in Asia and the sparks of the Nasdaq