TIM says MVNO loss hit domestic H1 revenue and earnings again

TIM said the loss of a major mobile virtual network operator (MVNO), a carrier that sells mobile service using another operator’s network, again reduced revenue and earnings in its domestic business in the first half.

TL;DR

• TIM said a major MVNO customer loss again affected domestic first-half revenue and earnings.
• The company said the impact was in its Italy business.
• The source report said TIM was otherwise positive about its first-half performance.

TIM said the loss of a major MVNO customer continued to weigh on its domestic financial results in the first half. The source report did not name the MVNO customer in the provided excerpt.

The impact was on TIM’s domestic revenue and earnings, according to the source report. The report described this as a repeat issue for TIM’s numbers rather than a new one-time event.

The same source report said TIM was otherwise satisfied with its first-half performance despite the domestic MVNO-related pressure. The provided source material did not include specific revenue, earnings, or subscriber figures.

Related questions

• What did TIM say affected its domestic first-half revenue and earnings?
• What is an MVNO in the context of TIM’s results?
• Did the provided source name the MVNO customer that left TIM?