Late payment fees charged for telephone services. National Wholesale consists of the management and development of the portfolio of regulated and unregulated wholesale services for fixed and mobile operators in the domestic market;. Concerning the Italian market, the recessive dynamics have to a greater degree affected the demand for investments, purchases of durable goods and consumer goods and, to a lesser degree, services such as telecommunications. The headcount at December 31, is the following:. Secretary to the Board. Intangible assets with a finite useful life:
Consolidated equity amounts to 27, million euros 26, million euros at December 31, , of which 25, million euros is attributable to owners of the Parent 25, million euros at December 31, and 1, million euros is attributable to Non-controlling interests million euros at December 31, The reduction in the Domestic Business Unit, although including 89 million euros for the purchase of frequencies assigned to the operator IPSE, is also due to the impact of programs to cut costs and capital expenditures begun in The board of directors formed the following internal committees: During , the following principal changes in the scope of consolidation occurred: Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information. Core Domestic includes all telecommunications activities inherent to the Italian market.
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Revenues total 13, million Brazilian reais, decreasing 44 million Brazilian reais compared to Lastly, other costs incurred for the management and conclusion of the consolidation of Intelig amount to 10 million Brazilian reais. Net losses on disposals of non-current assets total 59 million euros and principally include:. Adjusted net financial debt: Fixed network operator migration.
On the same date, the following functions have been set up and report directly to the Chairman: Certification of the Consolidated Financial Statements pursuant to art. This is also confirmed by the continuing growth of demand for data services through mobile telephony, such as e-mail access or the possibility of using the web via cell phones equipped with expanded 3G technology.
The average salaried number of the workforce is italiw following: Number of savings shares par value 0. Reversal of fair value measurement of derivatives and.
Telecom Italia – FORM 6-K
Headcount Headcount is 9, at December 31,a reduction of people compared to December 31, 10, With regard to international operations we resisted vigorously the unjustified actions aimed at imposing on us a forced sale of the business in Argentina. In greater detail, the changes in equity are the following: The trend of the key operating and financial indicators in can be cuboviwion as follows:.
The wholesale customer portfolio increased and at December 31, reached approximately 6. This decrease in the fourth quarter was generated by cash flows provided by operations which absorbed the incremental effects of the first nine months due to the payment of dividends and taxes. The percentage of employee benefits expenses to revenues is 4. Change in net operating working capital: The different technical forms of investing available cash at December 31,including euro commercial paper for 20 million serir, can be analyzed as follows: Such expenses consist of the following:.
The change in bonds during is as follows:. Nomination and Remuneration Committeecomposed of: Handset sales revenues are million euros, decreasing million euros compared to Consolidated equity Consolidated equity amounts to 27, million euros 26, million euros at December 31,of which 25, million euros is attributable to owners of the Parent 25, million euros at December 31, and 1, million euros is attributable to Non-controlling interests million euros at December 31, As for the Brazil Business Unit, organic revenues are substantially unchanged compared to the prior year Total lines at December 31, number The average unit price was 0.
In the fourth quarter oforganic EBITDA is 2, million euros, million euros against the same period of Acquisition of goods and services Acquisition of goods and services stands at 11, million euros, decreasing 1, million euros H3G, operator focused on advanced value-added services VAS with competitive pricing for example micro browsing, mobile broadband and mobile content.
Indeed the effect on cash outflows was twofold since to the increased amount of the payment on account for were added the ssrie amounts of the final settlement for the preceding year.
Brandes Investment Partners LP: The consolidated financial statements at December 31, take into account adjustments and accruals made as a result of the impact of the court order referring to the ongoing investigation in respect of, among others, the subsidiary Telecom Italia Sparkle, and subsequent specific independent legal and tax advisors appointed by the Group to verify the serei of any other irregularities concerning the years beginning Net financial debt carrying amount 1.
Separate Financial Statements at December 31, The reduction is due to lower quantities sold in response to a more selective sales policy that rationalizes the product portfolio and focuses on quality higher percentage of advanced handsets and devices using mobile internet and also to the margins on these same handsets and devices.
Net financial debt and financial flows. The contraction in the average headcount -2, compared is mainly offset by the effect of the increase italoa minimum salaries established by the TLC collective national labor contract since June and the renewal of the collective national labor derie on October 23, AGCom fee In NovemberAGCom approved the Resolution concerning payment of the fee to the Regulator for the yeardue by April 30,confirming the method teleom calculation applied for the preceding year 1.
Change in operating provisions and Other changes. Highlights ittalia the operating data of the Telecom Italia Group Business Units are presented in the following table.
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Writedowns and expenses in connection with credit management. The ARPU average monthly revenue per user is In the South American telecommunications market, and most particularly in Brazil, further growth is expected foremost in the mobile telephone and broadband markets.