Telecom Italia writedown hits shares after robust results
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MILAN (Reuters) - Telecom Italia's decision to take a 2 billion euro (1.74 billion pounds) writedown on its domestic assets has angered shareholder Vivendi , while also taking the shine off results that showed the resilience of the company's mobile operations.Italy's biggest telecoms group also abandoned its 2018 net debt to core earnings target, because of a fine imposed earlier this year, an adverse competitive and regulatory environment at home and a weaker exchange rate in Brazil.The..