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May 10, 2012 6:00 AM ET
Alex Bolis – Head, IR
Franco Bernabe – Group Chairman and CEO
Marco Patuano – COO
Stefano de Angelis – Group Controller
Tim Boddy – Goldman Sachs
Paul Marsch – Berenberg
Carola Bardelli – Deutsche Bank
Nick Lyle – UBS
JP Davids – Barclays
Tolster Akman – JP Morgan
Giovanni Montalti – Credit Agricole Cheuvreux
Ottavio Adorisio – Société Générale
Robin Bienenstock – Sanford Bernstein
Justin Funnell – Credit Suisse
Good morning, ladies and gentlemen. This is Alex Bolis, Head of TI Investor Relations. On today’s call, we will review Telecom Italia’s Group First Quarter 2012 Results. We have with us this morning Mr. Franco Bernabe, the Group Chairman and CEO; and Mr. Marco Patuano, Chief Operating Officer.
As usual, this event is being recorded and all participants will be placed in a listen-only mode during the company’s presentation. After TI’s remarks are completed, we will be pleased to take your questions.
You may follow us today via simultaneous webcast that may be accessed through the company’s website, www.telecomitalia.com, from which you can download or view our slide presentation during the conference call.
We would like to remind you that this presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Actual results may differ materially from those in the forward-looking statements as a result of various factors. Analysts are cautioned therefore, not to place undue reliance on those forward-looking statements, which speak only as of the date of this presentation, and are encouraged to consult the company’s periodic filings, which are on file with the United States Securities and Exchange Commission.