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Telecom Italia SpA (Telecom Italia SpA) Cash Receipts from Deposits by Banks and Customers


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What is Telecom Italia SpA Cash Receipts from Deposits by Banks and Customers?

Cash Receipts from Deposits by Banks and Customers only applicable to companies reporting Cash Flow from Operations in direct method.


Telecom Italia SpA (Telecom Italia SpA) Business Description

Industry
Address
Corso D'Italia, 41, Roma, ITA, 00198
Telecom Italia is the incumbent telecommunications operator in Italy with more than 30% market share in the Italian mobile market and 45% market share in broadband. In the mobile market, it competes with Vodafone, Wind Tre and Iliad. In November 2023 TIM sold its fixed network to KKR for EUR 18.8 billion, and will become a pure service provider. TIM also has a 20% wireless market share in Brazil and has started building a broadband network in the country, although its reach is very small compared with its competitors Telefonica and America Movil.