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Telecom Italia SpA (MIL:TIT) Buildings And Improvements : €0 Mil (As of Sep. 2023)


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What is Telecom Italia SpA Buildings And Improvements?

Telecom Italia SpA's quarterly buildings and improvements increased from Mar. 2023 (€0 Mil) to Jun. 2023 (€3,642 Mil) but then declined from Jun. 2023 (€3,642 Mil) to Sep. 2023 (€0 Mil).

Telecom Italia SpA's annual buildings and improvements increased from Dec. 2020 (€6,982 Mil) to Dec. 2021 (€7,287 Mil) and increased from Dec. 2021 (€7,287 Mil) to Dec. 2022 (€7,862 Mil).


Telecom Italia SpA Buildings And Improvements Historical Data

The historical data trend for Telecom Italia SpA's Buildings And Improvements can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Telecom Italia SpA Buildings And Improvements Chart

Telecom Italia SpA Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Buildings And Improvements
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,654.00 7,222.00 6,982.00 7,287.00 7,862.00

Telecom Italia SpA Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Buildings And Improvements Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 7,862.00 - 3,642.00 -

Telecom Italia SpA Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction.  Broker and architect fees, permits, etc. can be covered within this category.  Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized.  Improvements are commonly recorded at acquisition cost.  Building improvement examples include roofing, remodeling, replacements, etc.


Telecom Italia SpA (MIL:TIT) Business Description

Address
Corso D'Italia, 41, Roma, ITA, 00198
Telecom Italia is the incumbent telecommunications operator in Italy with more than 30% market share in the Italian mobile market and 45% market share in broadband. In the mobile market, it competes with Vodafone, Wind Tre and Iliad. In November 2023 TIM sold its fixed network to KKR for EUR 18.8 billion, and will become a pure service provider. TIM also has a 20% wireless market share in Brazil and has started building a broadband network in the country, although its reach is very small compared with its competitors Telefonica and America Movil.

Telecom Italia SpA (MIL:TIT) Headlines

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