Tim, the red of the accounts pushes the sale of the company of the towers. Rumors
The red results 2021 could force thetelecommunications company to write down assets and sell the society of the towers. In this these hours, Telecom Italia it would in fact be dealing with what will become one budget cleaning with a probable result in red which would even erase the dividend. According to reports The Republicwhile the new CEO Pietro Labriolaworks on the new business plan 2022-2024, “the future financial director Adrian Calaza would be doing a handover to examine the accounts in detail “.
In 2021 the framework of the accounts would turn out to be “worse than expected“, he writes The Republic, with a domestic gross operating margin of 13-15% over 2020 and adjusted debt on the rise. Tim, when asked, she preferred not to comment, postponing each announcement to 2 march when they come accounts approved. The telecommunications giant may have decided to “sacrifice one of its jewels, namely the participation in the towers of Inwit, where the group exercises joint management, co-control with Vodafone“, he writes Republic.
“Nothing will change for Inwit, which, however, tomorrow together with conti 2021 should announce its business plan while Tim, which remains a long-term customer of the antenna network, according to analysts could earn about € 1.4 billion: important resources to reduce liabilities in a context where the 2021 mol is in sharp decline, and investments cannot be postponed “, explains Republic. Even if the potential buyer would have already been identified in fondo Ardian, which boasts a right of first refusal. Meanwhile a Piazza Affari around lunchtime, the stock of Inwit jumped 2.87% to 9.258 euros, while Telecom Italia lost 1.94% to 0.3888 cents.