Telecom Italia: Response to the cellnex statements

06/30/2016 - 05:45 PM

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In relation to the statements made today by the CEO of Cellnex Martinez, Telecom Italia specifies that, contrary to what has been implied, the Group does not have liquidity problems as, in 2015, the operating cash flow amounted to 2 billion euros and the liquidity margin at 31 March 2016 amounted to 10.4 billion euros, allowing the financial commitments to be covered until 2019.

The Company is therefore in the position to take the time it needs to assess how to best create value for Inwit, as already declared to Cellnex.

 

Rome, 30 June 2016