Having a look at Luca Luciani, Chief Operating Officer, TIM
Here are some headlines from Luca’s presentation.
The Italian market is worth 43 billion Euros — 23 billion mobile (about 50% margin!!), 20 billion fixed line.
TIM has almost 90% of fixed line revenues and 42% of mobile revenues of the entire Italian market.
Key competitor is Vodafone.
Talked about the Italian’s wish to *buy* new handsets.
About 20-23 million handsets sold each year for 2.5 billion euro. TIM distributes about 1 billion euro worth of handsets.
Luca talked through a heck of a lot of different price plan and value propositions that they have been introducing. Listening to him talk is just completely painful. TIM clearly are pushing the marketplace forward. TIM, based on what Luca is saying, are streets ahead of some of the languishing shitty UK operators.
Really sharp suit.
Luca also said that those 22 or 23 million handsets each year are sold to a population of 55 million or so, and they’re largely unsubsidized — pretty amazing, really.
And yeah, that’s a really slick suit.
Posted by carlo on November 29th, 2006 at 10:08 am.