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September 18, 1997updated 01 Sep 2016 4:07pm

COMPANY RESULT: TELECOM ITALIA SPA

By CBR Staff Writer

Italian state mobile telephone company Telecom Italia Mobile SpA, subsidiary of the soon to be privatized Telecom Italia, reported a 40% rise in six-month net profits from $231m to $356m. In the first eight months of the year Telecom Italia Mobile added 2 million subscribers to bring its total number to 7.7 million.

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