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Telecom Italia S.p.A. (TIAIY) Shareholder/Analyst Call Transcript
Seeking Alpha· 2025-10-03 23:12
PresentationPaolo LesboHead of Investor Relations Good afternoon, everybody, and welcome to this exclusive TIM Enterprise event. I am Paolo Lesbo, Head of Investor Relations, and I am pleased to introduce this event together with our CEO, Pietro Labriola; the Head of TIM Enterprise, Elio Schiavo; and the rest of the management team. Starting from the agenda on Page 2. Here is what we have planned for you today. Pietro will kick off in Chapter 1, framing out this event and explaining what are the objectives ...
TIM(TIAIY) - 2023 Q4 - Earnings Call Transcript
2024-02-15 22:59
Telecom Italia S.p.A. (OTCPK:TIIAY) Q4 2023 Results Conference Call February 15, 2024 5:00 AM ET Company Participants Paolo Lesbo - Head of Investor Relations Pietro Labriola - Chief Executive Officer Adrian Calaza - Chief Financial Officer Agostino Nuzzolo - Head of Legal & Tax, General Counsel, Secretary Andrea Rossini - Head-Consumer, Small and Medium Market Office Elio Schiavo - Chief Enterprise & Innovative Solutions Office Conference Call Participants Giorgio Tavolini - Intermonte Fabio Pavan - Mediob ...
TIM(TIAIY) - 2023 Q3 - Earnings Call Transcript
2023-11-10 02:35
Telecom Italia S.p.A. (OTCPK:TIIAY) Q3 2023 Earnings Conference Call November 9, 2023 5:00 AM ET Company Participants Paolo Lesbo – Head of Investor Relations Pietro Labriola – Chief Executive Officer Adrian Calaza – Chief Financial Officer Agostino Nuzzolo – Head of Legal & Tax, General Counsel, Secretary Andrea Rossini – Head-Consumer, Small and Medium Market Office Conference Call Participants Giorgio Tavolini – Intermonte SIM David Wright – Bank of America Domenico Ghilotti – Equita Luigi Minerva – HSBC ...
TIM(TIAIY) - 2023 Q3 - Earnings Call Presentation
2023-11-09 16:40
| --- | --- | --- | --- | --- | --- | --- | --- | |-------------------------------|-------|-------|-------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | Q3 '23 | | | | | | | | | DELIVERING | | | | | | | | | & DELAYERING 09 NOVEMBER 2023 | | | | | | | | | | | | | | | | | Disclaimer This presentation contains statements that constitute forward looking statements regarding the intent, belief or current expectations of future growth in the different business lines and ...
TIM(TIAIY) - 2023 Q2 - Earnings Call Transcript
2023-08-06 05:17
Telecom Italia S.p.A. (OTCPK:TIIAY) Q2 2023 Earnings Conference Call August 3, 2023 5:00 AM ET Company Participants Paolo Lesbo – Head of Investor Relations Pietro Labriola – Chief Executive Officer Adrian Calaza – Chief Financial Officer Conference Call Participants Fabio Pavan – Mediobanca David Wright – Bank of America Luigi Minerva – HSBC Giorgio Tavolini – Intermonte Ottavio Adorisio – Societe Generale Domenico Ghilotti – Equita Operator Ladies and gentlemen, good morning and welcome to Telecom Italia ...
TIM(TIAIY) - 2023 Q2 - Earnings Call Presentation
2023-08-03 15:27
Q2 '23 RESULTS 03 AUGUST 2023 Disclaimer This presentation contains statements that constitute forward looking statements regarding the intent, belief or current expectations of future growth in the different business lines and the global business, financial results and other aspects of the activities and situation relating to the TIM Group. Such forward looking statements are not guarantees of future performance and involve risks and uncertainties, and actual results may differ materially from those projec ...
TIM(TIAIY) - 2023 Q1 - Earnings Call Transcript
2023-05-12 01:50
Telecom Italia S.p.A. (OTCPK:TIIAY) Q1 2023 Earnings Conference Call May 11, 2023 5:00 AM ET Company Participants Paulo Lezo - Head of Investor Relations Pietro Labriola - Chief Executive Officer Adrian Calaza - Chief Financial Officer Agostino Nuzzolo - Head-Legal & Tax, General Counsel & Secretary Elio Schiavo - Chief Enterprise & Innovative Solutions Officer Conference Call Participants Giorgio Tavolini - Intermonte Fabio Pavan - Mediobanca Domenico Ghilotti - Equita James Ratzer - New Street Research An ...
TIM(TIAIY) - 2023 Q1 - Earnings Call Presentation
2023-05-11 14:36
| --- | --- | --- | --- | --- | --- | |-----------------------------|-------|-------|-------|-------|-------| | | | | | | | | | | | | | | | Q1 '23 RESULTS 11 MAY 2023 | | | | | | | THE STRENGTH OF CONNECTIONS | | | | | | Disclaimer This presentation contains statements that constitute forward looking statements regarding the intent, belief or current expectations of future growth in the different business lines and the global business, financial results and other aspects of the activities and situation rela ...
TIM(TIAIY) - 2022 Q4 - Earnings Call Transcript
2023-02-18 00:58
Financial Data and Key Metrics Changes - In Q4 2022, group service revenues increased by 3.6% year-on-year, improving from 3.0% in Q3 2022 [32] - Full year 2022 group service revenues were down 1.3% year-on-year, better than the low single-digit decrease guidance set at the beginning of the year [33] - Group EBITDA for Q4 2022 was up 2.7% year-on-year, a significant recovery from a decline of 6.5% in Q3 2022 [33] - Full year 2022 group EBITDA decreased by 6.7% year-on-year, reaching the upper part of the revised guidance [33] Business Line Data and Key Metrics Changes - TIM Consumer total revenues declined by 9% year-on-year, with service revenues down 7% year-on-year [17] - TIM Enterprise total revenues increased by 8% year-on-year, with service revenue up 11%, driven by Cloud, Security, and IoT services [18] - NetCo total revenues declined by 4% year-on-year, with service revenues also down by 4% [19] - TIM Brazil reported a 19% year-on-year increase in total revenues and service revenues, benefiting from market consolidation and the integration of Oi's customers [19] Market Data and Key Metrics Changes - TIM Brazil achieved 5G coverage in all state capitals, with a number of antennas exceeding its peers combined, creating new commercial opportunities [19] - The FTTH rollout by NetCo reached 32% coverage of technical units by the end of 2022, progressing at a pace four times faster than at the beginning of the year [19] Company Strategy and Development Direction - The company aims to manage its four entities independently, focusing on distinct market dynamics and competitive strategies [11] - The strategic plan for 2023-2025 emphasizes efficiency, capturing new growth opportunities, and preparing for market consolidation while maintaining financial discipline [13] - The company is committed to a volume-to-value strategy, selectively repricing its customer base and migrating from copper to fiber [14] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenging macroeconomic environment, including rising energy prices and inflation, but expressed confidence in the company's operational improvements and future prospects [6][8] - The company expects domestic business to stabilize in 2023, with low single-digit growth in service revenues and mid-single-digit growth in EBITDA [53] Other Important Information - The company achieved better-than-expected results in 2022, with a successful bond placement indicating regaining investor confidence [9] - The company is focused on ESG initiatives, with over 40 projects aimed at achieving sustainability targets [30] Q&A Session Summary Question: Guidance on net free cash flow and KPI trends - Management clarified that the slightly positive cumulative equity free cash flow guidance is conservative and may relate to voluntary redundancies [63] - KPI volatility in Q4 was attributed to seasonal effects and competitive dynamics, with TIM Enterprise performing better than competitors [64][66] Question: CapEx guidance and leverage concerns - Management explained that the guidance reflects gross CapEx, with proceeds from PNRR expected in subsequent years [78] - The company acknowledged the need for extraordinary operations to effectively deleverage and prepare for market consolidation [84] Question: Sector consolidation and strategic role - Management indicated that sector consolidation is anticipated in the mid-term, and the company aims to play an active role in potential projects [88]
TIM(TIAIY) - 2022 Q3 - Earnings Call Transcript
2022-11-11 07:38
Telecom Italia S.p.A. (OTCPK:TIIAY) Q3 2022 Earnings Conference Call November 10, 2022 5:00 AM ET Company Participants Manuela Carra – Head-Investor Relations Pietro Labriola – Chief Executive Officer Adrian Calaza – Chief Financial Officer Conference Call Participants Giorgio Tavolini – Intermonte David Wright – Bank of America Fabio Pavan – Mediobanca Luigi Minerva – HSBC Sam McHugh – BNP James Ratzer – New Street Research Carl Murdock Smith – Berenberg Operator Ladies and gentlemen, good morning and welc ...