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UPDATE 2-Telecom Italia sees profit, sales stabilising this year as CEO eyes new term

Contributed by NAMPA / Reuters.

(Recasts first sentence with CEO details, adds financial
By Elvira Pollina
MILAN, Feb 23 (Reuters) - Telecom Italia (TIM)
said on Tuesday it expected profit and sales to stabilise this
year after a difficult 2020 as it prepares to hand CEO Luigi
Gubitosi a second term at the helm of Italy's biggest phone
As the pandemic ravaged Italy's economy, revenue at Telecom
Italia fell to 15.8 billion euros ($19.2 billion) last year from
18 bi ...