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  "documentTitle": "Telecom Italia SpA (TIM) (TIT.MI)",
  "authorId": "02_Elliott_Management",
  "authorName": "Elliott",
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  "presentationDate": "2018-04-05 00:00:00",
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  "notes": "The chart shows a bridge from current TIM Net Debt to a Pro-forma Stub Net Debt.",
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      "text": "We believe deconsolidating both NetCo and Sparkle could allow TIM to maximise the value of its assets as well as bring leverage in line with peers",
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      "text": "Net Debt: 12",
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      "text": "Source: Bloomberg as of 29-Mar-2018. Note: Both Net debt and EBITDA estimated by Bloomberg for 2018",
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      "kind": "title",
      "text": "A Potential Deconsolidation Could Allow TIM to Delever...",
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