| The Telecom Italia Group is one of the world's principal telecommunications companies, and a leader in Italy. The Group's international presence extends throughout Europe, Latin America and the Mediterranean Basin and is one of Italy's largest corporations. On June 30 2002, the group revealed turnover of EUR 14,217 million (up 8.5% compared to the first half of 1999), while consolidated net income was EUR 979 million (up 7.5% compared to the first half of 1999), and operating income stood at EUR 3,391 million (up 4.1% compared to the first half of 1999). |