OTC Markets OTCPK - Delayed Quote USD
OSB Group Plc (OSBGF)
6.40
-0.10
(-1.54%)
At close: May 12 at 9:33:42 AM EDT
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In this edition, China's consumption push extends opportunities; AI investments stay strong, but US tariffs pose risks to other areas; value in travel sector elusive, even as penchant for trips persists; and ZTO Express, Nike, and Sodexo.
Telecom Italia Earnings: Holding Up; Net Debt Rises to EUR 26.6 Billion
Telecom Italia is the incumbent telecommunications operator in Italy with more than 30% market share in the Italian mobile market and 45% market share in broadband. In the mobile market, it competes with Vodafone, Wind Tre and Iliad. In November 2023 TIM sold its fixed network to KKR for EUR 18.8 billion, and will become a pure service provider. TIM also has a 20% wireless market share in Brazil and has started building a broadband network in the country, although its reach is very small compared with its competitors Telefonica and America Movil.
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