Telecom Italia S.p.A.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Pietro Labriola
- Full Time Employees
- 26,282
- Sector
- Communication Services
- Industry
- Telecommunications Services
- Address
- Corso d’Italia 41 Rome RM Italy 00198
- IPO Date
- Aug 8, 2003
- CIK
- 0000948642
- Website
- gruppotim.it
- Similar Companies
- Business
- TIM S.p.A. (formerly Telecom Italia S.p.A., ticker TIIAY) operates as Italy's leading telecommunications provider, delivering fixed-line and mobile voice services, broadband internet access including DSL and fiber, public telephony, data transmission, ICT solutions, digital content, cloud services, and international wholesale connectivity through subsidiaries such as TIM Brasil for mobile and fixed services in Brazil, Telecom Italia Sparkle for global carrier services, Olivetti for IoT and peripherals, Telsy for cybersecurity, and Noovle for cloud and AI; it serves retail consumers, SMEs, enterprises, public sector clients, and wholesale operators primarily in Italy, Brazil, San Marino, and select international markets. Founded in 1994 through the merger of state-owned entities including SIP, the company maintains headquarters in Rome, with key facilities in Milan and Naples. Recent developments include the July 2024 divestiture of its fixed-line network (NetCo) to a KKR-led consortium valuing the asset at €18.8 billion and reducing group debt by €22 billion, the April 2025 completion of Sparkle sale to the MEF-Retelit consortium for €700 million, Poste Italiane's acquisition of a 24.81% majority stake in March 2025 via purchase from Vivendi, expansion of corporate purpose to include insurance services approved in June 2025, strategic partnerships such as November 2025 agreements with Nokia for 5G enhancement in Italy and Fortinet via Telsy for quantum threat protection, a November 2025 Sparkle-Planhotel deal for resort digitalization, and a €1 billion three-year B2B investment in datacenters, edge computing, sovereign cloud, AI, cybersecurity, and IoT.
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