Telecom Italia (TIM) said Italy's highest court had ruled in its favour in a long-running concession fee case, confirming the group is owed just over 1 billion euros ($1.2 billion) to end a dispute t… [+1637 chars]
Italy's Telecom Italia wins $1.2 billion court payout, eyes savings share conversion - CNBC
The amount TIM is entitled to is roughly double the original licence fee, worth slightly more than 500 million euros, due to revaluation and accrued interest.
By:Reuters
Source:CNBC
Published:
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