Telecom ended the first half in line with expectations, confirming the objective of a stable EBITDA in 2016 thanks to a domestic market that improves qoq. The most urgent challenges for managers, now that the bleeding revenue is ramping down and the debt is under control (26.9 billion) are called work and coexistence with Olo competitors. The legal disputes have in fact requested precautionary provisions for € 399 million that have crushed the profit to 29 million euro, a result that would otherwise result in over 650 million Euros. Revenues for the six months amounted to 10.1 billion (-3.3%), with a marked improvement in Italy (7.3 billion -2.5%) but “if we want results’ stabilized, Ebitda can not weigh extraordinary factors, “says Patuano willing to take head-on the problem of litigation (Vodafone, Fastweb and Tiscali have also asked for damages of around 3 billion euro). As Patuano be sure of a positive outcome in court, “we are working to build a ‘better environment,” he says. In recent weeks rumors have circulated about a proposed reorganization of Open Access, that function established within the Directorate Technolgy & amp; Operations to manage the access network in a logic of efficiency, quality and equal treatment but “our goal is the separation of the network, do not need,” explains the manager. “We want to sit down at the table with them to define processes simple, easy access for all, a better organization, performance indicators clear,” said Patuano and wants to do it “as soon as possible to establish a clear long before the end of this exercise ». Some minor provisions are then linked to the theme of work and from here Patuano reaffirm that “the priority in this area is the recruitment of a maximum of 4,000 young employees, but this must be delivered in a work environment related sustainable. This is why we are intensifying the dialogue with the unions and the competent organs of institutional dimensions and costs, in order to make this project sustainable in the long term. ” “We expected measures (for example solidarity ‘expansive, ed) that would give us interesting opportunities already in 2015 but will likely be postponed to 2016. Each month that passes is one month less to do something positive.” Instead, what proceeds as a roadmap is investment in ultra-wideband. “We are keeping the promises: in six months we have invested more than 2 billion for the development of ultra-wideband, an increase of 25.7%. We are confident that thanks to our commitment Italy will achieve the objectives of the Digital Agenda and to play a leading role in Europe, “said the president of Telecom Giuseppe Recchi. It could only be welcomed the plan of the Government that the meeting of the CIPE has confirmed the great numbers (from 12 billion plan including 5 of 7 private and public). “What is new is the availability soon of 2.2 billion euro for the white areas, where the regions are clamoring to do what we did in the South,” he says Patuano reiterating that the contribution of the Government is still more than 5 billion euro budgeted by Telecom in the business plan. “We will invest in any case the amount of which we have spoken, and if the results of the fiber continue as the 2018 plan will see us again ‘thrust as in 2015-2017,” concluded Patuano
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