TELECOM ITALIA'S FIRST QUARTER OPERATING PROFIT UP 22.4%
Italian telecommunications company Telecom Italia said group consolidated operating profit was 2.87 trillion lire (USD1.6 billion) in the three months to March 31, a rise of 22.4% on the same period in 1997. The company said group turnover was more than 10.3 trillion lire, a rise of 4.1% on the first quarter last year. Telecom said that among the sectors that had particularly contributed to the rise in turnover was Telecom's mobile unit, Telecom Italia Mobile, up 23.7% and international...
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