(Finance) – The CEO of Tim, Peter Labrioladeclared that the group “is achieving great results but we will remain focused because our challenge is to build the credibilitymake it increasingly solid by constantly achieving what we promise to achieve, exactly as we have done in these two years”. Meeting almost a thousand managers of the company to present the 2023 results, Labriola added: “we are part of a company that lives in a sector complex but we stand out from others for our ability to bring numbers and results.”
“Not only are we about to end with KKR aoperation of unique importancewhich will change the face of the company, but we have also put some fundamental pieces in the relaunch of the business and thanks to overcoming the debt burden we are reserving strategic options for the future”, he continued.
“We did all this thanks to everyone’s commitment: the our squad – declared Labriola –. We have returned to being a company capable of doing what it promises and we have proven it, we have done it in Brazilwhich was in crisis and is now a gem, and we are also doing it in Italy hitting the plan guidance for the second consecutive year, which hasn’t happened for about 12 years.”
“It is true – explained Labriola – that we will separate and become two companies but they will both be leading companies in their sector. ServCo it will be the main operator and the most well-equipped. Netco will be the point of reference for the market wholesale from the fiber“.
“In the meantime, on the announcements of Pnrr we are the only company to have participated in all the tenders and in some cases we are even exceeding the expected targets, thanks to the great work of our network colleagues. We carried all this forward while we launched an operation with KKR 20 billionthe third largest deal ever in Italy and the fifth in Europe in the last 5 years”, underlined the CEO of Tim.
“We still face important challenges, those common to those in this sector. There is also a need for interventions regulatory of rebalancing that will lead the entire sector to develop in order to be thedigital skeleton which is useful to Italy and Europe”, concluded the manager.