April 17, 2009

LIQUIDITY ALERT: Telecom Italia’s Current Deficit Rises by 54%

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Telecom Italia S.p.A. reported a 54% rise in its working capital deficit, from EUR2.425 billion at Dec. 31, 2007 to EUR3.730 billion at Dec. 31, 2008.

The Company had EUR14.693 billion…

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