TIM S.p.A. (formerly Telecom Italia S.p.A.) is an Italian

telecommunications company A telecommunications company is a kind of electronic communications service provider, more precisely a telecommunications service provider (TSP), that provides telecommunications services such as telephony and data communications access. Many t ...

with

headquarters Headquarters (often referred to as HQ) notes the location where most or all of the important functions of an organization are coordinated. The term is used in a wide variety of situations, including private sector corporations, non-profits, mil ...

Rome Rome (Italian language, Italian and , ) is the capital city and most populated (municipality) of Italy. It is also the administrative centre of the Lazio Regions of Italy, region and of the Metropolitan City of Rome. A special named with 2, ...

Milan Milan ( , , ; ) is a city in northern Italy, regional capital of Lombardy, the largest city in Italy by urban area and the List of cities in Italy, second-most-populous city proper in Italy after Rome. The city proper has a population of nea ...

, and

Naples Naples ( ; ; ) is the Regions of Italy, regional capital of Campania and the third-largest city of Italy, after Rome and Milan, with a population of 908,082 within the city's administrative limits as of 2025, while its Metropolitan City of N ...

(with the Telecom Italia Tower), which provides fixed,

public In public relations and communication science, publics are groups of individual people, and the public (a.k.a. the general public) is the totality of such groupings. This is a different concept to the sociology, sociological concept of the ''Öf ...

and

mobile telephony Mobile telephony is the provision of wireless telephone services to mobile phones, distinguishing it from fixed-location telephony provided via landline phones. Traditionally, telephony specifically refers to voice communication, though th ...

, and

DSL Digital subscriber line (DSL; originally digital subscriber loop) is a family of technologies that are used to transmit digital data over telephone lines. In telecommunications marketing, the term DSL is widely understood to mean asymmetric di ...

data services. It is the largest Italian telecommunications services provider in revenues and subscribers. It was founded in 1994 by the

merger Mergers and acquisitions (M&A) are business transactions in which the ownership of a company, business organization, or one of their operating units is transferred to or consolidated with another entity. They may happen through direct absorpt ...

of several

state-owned State ownership, also called public ownership or government ownership, is the ownership of an industry, asset, property, or enterprise by the national government of a country or state, or a public body representing a community, as opposed to ...

telecommunications companies, the most prominent of which was SIP, the former state monopoly telephone operator in Italy. The company's stock is traded in the

Borsa Italiana Borsa Italiana () or Borsa di Milano (), based in Milan at Palazzo Mezzanotte, Mezzanotte Palace, is the Italy, Italian stock exchange. It manages and organises domestic market, regulating procedures for admission and listing of companies and i ...

. The Italian State has exercised the "Golden Power" on TIM since 2017, which allows the government to take a number of actions when the strategic interests of the country are concerned. It has also a

subsidiary A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidia ...

Brazil Brazil, officially the Federative Republic of Brazil, is the largest country in South America. It is the world's List of countries and dependencies by area, fifth-largest country by area and the List of countries and dependencies by population ...

, known as TIM Brasil, with 72.6 million customers. The brand covers over 114 million customers worldwide. As April 2024, Net sales are distributed geographically as follows: Italy (72.9%) and Brazil (27.1%).

History

Origins

In 1925, the Italian phone network was reorganised by the Benito Mussolini cabinet and the company

STIPEL TIM S.p.A. (formerly Telecom Italia S.p.A.) is an Italian telecommunications company with headquarters in Rome, Milan, and Naples (with the Telecom Italia Tower (Naples), Telecom Italia Tower), which provides fixed telephony, fixed, Public telep ...

was established in the same year. The original core of Telecom Italia included four companies which operated in a specific geographical area.: TIMO, TE.TI., TELVE and

SET Set, The Set, SET or SETS may refer to: Science, technology, and mathematics Mathematics *Set (mathematics), a collection of elements *Category of sets, the category whose objects and morphisms are sets and total functions, respectively Electro ...

. In 1964,

Società Idroelettrica Piemontese Società Italiana per l'Esercizio Telefonico p.A. (formerly Società Idroelettrica Piemontese p.A.), commonly known as SIP or SIPTEL, was the Italian state-owned telecommunications company, which dealt with public, fixed and mobile telephony ...

(SIP), a former energy company founded in 1918, ceased producing energy and acquired all of the Italian telephone companies, becoming Società Italiana per l'Esercizio Telefonico. It was run by the Italian Ministry of Finance. SIP was a

state monopoly In economics, a government monopoly or public monopoly is a form of coercive monopoly in which a government agency or government corporation is the sole provider of a particular good or service and competition is prohibited by law. It is a monopoly ...

from 1964 to 1996 and Italian people had to pay the "Canone Telecom" (a line rental charge) in order to have a phone at home.

1994–2005: Telecom Italia, Telecom Italia Mobile and DSL services

The first appearance in the

Italian Italian(s) may refer to: * Anything of, from, or related to the people of Italy over the centuries ** Italians, a Romance ethnic group related to or simply a citizen of the Italian Republic or Italian Kingdom ** Italian language, a Romance languag ...

market dates back to 1990 with the launch of the TACS network by the Telecom Italia Mobile Radio Services division. Telecom Italia was officially created on 27 July 1994 by the merge of several telecommunications companies among which SIP, IRITEL, Italcable, Telespazio and SIRM (companies owned by STET). This was due to a reorganization plan for the telecommunications sector presented by IRI to the Minister of Finance. In 1995, the

division was spun off as ''Telecom Italia Mobile'' (TIM), while Telecom Italia, under managing director Francesco Chirichigno, would take care of fixed and public telephony and network infrastructure. On 7 October, after the experimentation period at the CSELT, TIM launched the first rechargeable prepaid card for Italy, the ''TIM Card'', becoming the first telephone company in the world to introduce this charging system. Towards the end of 1996 TIM was the first world operator to launch a tariff plan based on a prepaid card on the

GSM The Global System for Mobile Communications (GSM) is a family of standards to describe the protocols for second-generation (2G) digital cellular networks, as used by mobile devices such as mobile phones and Mobile broadband modem, mobile broadba ...

network, which in a short time generated rapid growth in mobile telephony. Interbusiness, Italy's largest

internet The Internet (or internet) is the Global network, global system of interconnected computer networks that uses the Internet protocol suite (TCP/IP) to communicate between networks and devices. It is a internetworking, network of networks ...

network, was created and in the same period with ''Telecom Italia Net'' (Tin.it) and the first

Internet Service Provider An Internet service provider (ISP) is an organization that provides a myriad of services related to accessing, using, managing, or participating in the Internet. ISPs can be organized in various forms, such as commercial, community-owned, no ...

s (ISPs),

internet access Internet access is a facility or service that provides connectivity for a computer, a computer network, or other network device to the Internet, and for individuals or organizations to access or use applications such as email and the World Wide ...

became a reality in Italy. In 1996, TIM introduced a new prepaid rechargeable phone card (

), and one year later launched short messaging service (SMS) capability. In 1997, under the chairmanship of Guido Rossi, Telecom Italia was privatised and was transformed into a large multimedia group. By 2001, the company was in debt and was acquired by

Marco Tronchetti Provera Marco Tronchetti Provera (; born 1948) is an Italian businessman. He formerly served as chief executive officer of the Italian tyre manufacturer Pirelli & Co. S.p.A. from 1992 to 2022, where he continues to serve as executive vice chairman. ...

. The following year, the group released its

Flat service in Italy, Alice ADSL, with a download speed of 32 kbit/s and an upload speed of 8 kbit/s for €40/month plus a monthly based tax of €14.57, the "Canone Telecom", besides the mandatory monthly bills for home

telephone number A telephone number is the address of a Telecommunications, telecommunication endpoint, such as a telephone, in a telephone network, such as the public switched telephone network (PSTN). A telephone number typically consists of a Number, sequ ...

s (a home telephone number was required for

ADSL Asymmetric digital subscriber line (ADSL) is a type of digital subscriber line (DSL) technology, a data communications technology that enables faster data transmission over Copper wire, copper telephone lines than a conventional voiceband modem ...

service). Telecom Italia Media, the group's multimedia company, was formed in 2003 from SEAT Pagine Gialle, focussing its business on the television sector with La7 and

MTV MTV (an initialism of Music Television) is an American cable television television channel, channel and the flagship property of the MTV Entertainment Group sub-division of the Paramount Media Networks division of Paramount Global. Launched on ...

channels. After the reorganization of

editorial An editorial, or leading article (UK) or leader (UK), is an article or any other written document, often unsigned, written by the senior editorial people or publisher of a newspaper or magazine, that expresses the publication's opinion about ...

activities, Telecom Italia acquired Tin.it and Virgilio from Telecom Italia Media in 2005 . The Telecom Italia Group also operates in

South America South America is a continent entirely in the Western Hemisphere and mostly in the Southern Hemisphere, with a considerably smaller portion in the Northern Hemisphere. It can also be described as the southern Subregion#Americas, subregion o ...

; in

as TIM Brasil, and in

Argentina Argentina, officially the Argentine Republic, is a country in the southern half of South America. It covers an area of , making it the List of South American countries by area, second-largest country in South America after Brazil, the fourt ...

and

Paraguay Paraguay, officially the Republic of Paraguay, is a landlocked country in South America. It is bordered by Argentina to the Argentina–Paraguay border, south and southwest, Brazil to the Brazil–Paraguay border, east and northeast, and Boli ...

with Telecom Argentina. TIM Brasil has its local headquarters in

Rio de Janeiro Rio de Janeiro, or simply Rio, is the capital of the Rio de Janeiro (state), state of Rio de Janeiro. It is the List of cities in Brazil by population, second-most-populous city in Brazil (after São Paulo) and the Largest cities in the America ...

. Telecom Italia also had a 50% share in the

Bolivia Bolivia, officially the Plurinational State of Bolivia, is a landlocked country located in central South America. The country features diverse geography, including vast Amazonian plains, tropical lowlands, mountains, the Gran Chaco Province, w ...

n telecommunications company Entel until its share was nationalised by the Bolivian government in 2008. In 2002, TIM was the first mobile telecommunications company in

Europe Europe is a continent located entirely in the Northern Hemisphere and mostly in the Eastern Hemisphere. It is bordered by the Arctic Ocean to the north, the Atlantic Ocean to the west, the Mediterranean Sea to the south, and Asia to the east ...

to launch MMS services. Between 2002 and 2004, it launched some

value-added service A value-added service (VAS) is a popular telecommunications industry{{cite web, url=https://www.prweb.com/releases/global_mobile_value_added_services_vas_market_worldwide_industry_share_investment_trends_growth_size_strategy_and_forecast_research_ ...

s: SMS and MMS content,

Internet The Internet (or internet) is the Global network, global system of interconnected computer networks that uses the Internet protocol suite (TCP/IP) to communicate between networks and devices. It is a internetworking, network of networks ...

browsing Browsing is a kind of orienting strategy. It is supposed to identify something of relevance for the browsing organism. In context of humans, it is a metaphor taken from the animal kingdom. It is used, for example, about people browsing open sh ...

using WAP technology, games and

Java application Java is a set of computer software and specifications that provides a software platform for developing application software and deploying it in a cross-platform computing environment. Java is used in a wide variety of computing platforms ...

s. In 2003, the world's first

mobile television Mobile television is television watched on a small handheld or mobile device, typically developed for that purpose. It includes service delivered via mobile phone networks, received free-to-air via terrestrial television stations, or via satel ...

service was launched, exploiting the video playback capabilities appearing on mobile terminals in that period and, again in 2003, it stipulated an international roaming agreement, similar to that of

Vodafone Vodafone Group Public Limited Company () is a British Multinational company, multinational telecommunications company. Its registered office and global headquarters are in Newbury, Berkshire, England. It predominantly operates Service (economic ...

, with operators world's leading mobile (

T-Mobile T-Mobile is the brand of telecommunications by Deutsche Telekom Deutsche Telekom AG (, ; often just Telekom, DTAG or DT; stylised as ·T·) is a partially state-owned German telecommunications company headquartered in Bonn and the largest telec ...

, Orange and TeliaSonera). This alliance will be called FreeMove. In 2004, as part of the ''TIM Turbo'' project, the EDGE and

UMTS The Universal Mobile Telecommunications System (UMTS) is a 3G mobile cellular system for networks based on the GSM standard. UMTS uses Wideband Code Division Multiple Access, wideband code-division multiple access (W-CDMA) radio access technolog ...

services were created for high-speed data transmission.

2005–2014: Telecom Italia acquired by Telefónica

In 2005, the first Italian mobile community, ''TIM Tribù'', was formed. In June 2005, TIM merged into Telecom Italia, remaining active as brand for Telecom Italia's mobile telephony offer. Telecom Italia reported mounting debts in 2005, and, one year later,

CEO A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in variou ...

Marco Tronchetti Provera resigned. In 2007 the company was bought by Telco, a consortium of

Telefónica , S.A. () is a Spanish multinational telecommunications company with registered office and headquarters located in two different places, both in Madrid, Spain. It is one of the largest telephone operators and mobile network providers in the ...

and several Italian banks. Telefónica owned 46% of Telco, the

holding company A holding company is a company whose primary business is holding a controlling interest in the Security (finance), securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own Share ...

that controlled 22% of Telecom Italia. In December 2011, the company developed ''TIM Cloud'', a

cloud storage Cloud storage is a model of computer data storage in which data, said to be on "the cloud", is stored remotely in logical pools and is accessible to users over a network, typically the Internet. The physical storage spans multiple servers (so ...

service dedicated to its customers where they can save

digital file A computer file is a resource for recording data on a computer storage device, primarily identified by its filename. Just as words can be written on paper, so too can data be written to a computer file. Files can be shared with and transferred b ...

s. In November 2012, TIM launched its LTE network. The ''TIM Wallet'' service was born in February 2013, to be able to make payments via

smartphone A smartphone is a mobile phone with advanced computing capabilities. It typically has a touchscreen interface, allowing users to access a wide range of applications and services, such as web browsing, email, and social media, as well as multi ...

thanks to NFC technology. In late 2013, Telefónica announced its intention to acquire the entirety of Telco by January 2014, potentially becoming Telecom Italia's largest

shareholder A shareholder (in the United States often referred to as stockholder) of corporate stock refers to an individual or legal entity (such as another corporation, a body politic, a trust or partnership) that is registered by the corporation as the ...

. The plan, however, is being challenged by the Brazilian competition authority since Telefónica and Telecom Italia, with Vivo and TIM respectively, are the two largest telephone companies competing in Brazil. In 2014, multimedia entertainment services were launched through the TIMgames, TIMmusic, TIMreading and TIMvision

applications Application may refer to: Mathematics and computing * Application software, computer software designed to help the user to perform specific tasks ** Application layer, an abstraction layer that specifies protocols and interface methods used in a ...

2015: Rebrand

In 2015, the company started a

rebranding Rebranding is a marketing strategy in which a new name, term, symbol, design, concept or combination thereof is created for an established brand with the intention of developing a new, differentiated identity in the minds of consumers, investors ...

process towards the unified TIM

brand A brand is a name, term, design, symbol or any other feature that distinguishes one seller's goods or service from those of other sellers. Brands are used in business, marketing, and advertising for recognition and, importantly, to create and ...

, which would no longer be used only to identify mobile telephony offers but also for fixed telephony ones, abandoning the Telecom Italia brand. In the same year, the

board of directors A board of directors is a governing body that supervises the activities of a business, a nonprofit organization, or a government agency. The powers, duties, and responsibilities of a board of directors are determined by government regulatio ...

approved the new company's division, Infrastrutture Wireless Italiane (INWIT) which operates 11,500 wireless towers. TIM was the Official Global Partner of

Expo 2015 Expo 2015 was a World's fair, World Expo hosted by Milan, Italy. It opened on May 1 at 10:00 Central European Summer Time, CEST and closed on October 31. Milan hosted an exposition for the second time; the first was the 1906 Milan Internation ...

. Thanks to the company's contribution, it was possible to create the first Italian digital

smart city A smart city is an urban area that uses digital technology to collect data and operate services. Data is collected from citizens, devices, buildings, or cameras. Applications include traffic and transportation systems, power plants, utilities ...

, directly in the exhibition area. TIM has in fact equipped the entire area with technological solutions, fixed network, mobile and Internet infrastructures and coverage of the exhibition site with fixed and mobile ultra-broadband connections and

Wi-Fi Wi-Fi () is a family of wireless network protocols based on the IEEE 802.11 family of standards, which are commonly used for Wireless LAN, local area networking of devices and Internet access, allowing nearby digital devices to exchange data by ...

connections based on

Cisco Cisco Systems, Inc. (using the trademark Cisco) is an American multinational digital communications technology conglomerate corporation headquartered in San Jose, California. Cisco develops, manufactures, and sells networking hardware, s ...

technology.

2015–2018: Vivendi

It was revealed in October 2015 that shareholders

Vivendi Vivendi SE (stylized in all lowercase) is a French investment company headquartered in Paris. It currently wholly-owns Gameloft as well as a number of investments in several companies, primarily involved in content, entertainment, media, and t ...

would raise their stakes further in the company from its current level of 15.49%. As of May 2017, Vivendi owns 24.6% of the company with Vivendi's CEO Arnaud de Puyfontaine becoming

executive chairman The chair, also chairman, chairwoman, or chairperson, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the gro ...

of Telecom Italia. Amos Genish is the new CEO since 28 September 2017 and he has been criticized to have fired 4500 Telecom Italia employees in June 2018. He has been substituted by Luigi Gubitosi, who became the new CEO on 18 November 2018. In 2016, following the rebranding that led to the adoption of the single TIM brand, the

parent company A holding company is a company whose primary business is holding a controlling interest in the Security (finance), securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own Share ...

also decided to change its identity. The company name of Telecom Italia it was in fact changed to TIM Group, however still maintaining the previous name on some occasions.

2023–2024: the spin-off of NetCo

On 12 June 2024

Moody's Moody's Ratings, previously and still legally known as Moody's Investors Service and often referred to as Moody's, is the bond credit rating business of Moody's Corporation, representing the company's traditional line of business and its histo ...

improves its rating on TIM, raising it to Ba3 from B1. On 1 July 2024 the transfer of the network to KKR took place, with a debt reduction of 22 billion euros. The operation values the network at a total of 18.8 billion euros, expandable up to 22 billion with the earn outs also linked to the possible merger between NetCo and Open Fiber. On 9 July 2024, S&P, after the sale of the network to the KKR, promoted the TIM Group to BB from the previous B+, with the outlook remaining stable. On July 31, 2024, Tim presented its half-yearly results, with a debt that after the sale of the network settles at 8.1 billion euros, with a further reduction of 0.6 billion expected for the end of the year. TIM had a turnover of 7.1 billion euros (+3.5%) and an EBITDA of 2.1 (+9.4%). Fitch, following Moody's and S&P, upgraded the rating to BB with a stable outlook. On August 19, 2024, TIM announces a partnership with

Nokia Nokia Corporation is a Finnish multinational corporation, multinational telecommunications industry, telecommunications, technology company, information technology, and consumer electronics corporation, originally established as a pulp mill in 1 ...

to enhance the 5G mobile network in

. On October 2, 2024, TIM examines the proposal formulated by the Italian Ministry of Economy and Finance together with the Asterion fund for the purchase of the entire share of Sparkle. TIM would thus conclude the debt restructuring process by collecting an additional 700 million euros. On 23 October 2024, corruption charges are formulated by the

Guardia di Finanza The Guardia di Finanza (; G. di F. or GdF; or ) is an Italian militarised law enforcement agency under the Ministry of Economy and Finance (Italy), Ministry of Economy and Finance, instead of the Ministry of Defence (Italy), Ministry of Defence ...

and the Rome Prosecutor's Office against the director Simone De Rose, head of the Procurement function office of TIM Group and Emilio Graziano, manager of NTT Data Italia. TIM immediately appoints a new manager, Giampaolo Leone. TIM evaluates a request for compensation for damages to the dishonest employee and collaborates with the Guardia di Finanza inspectors in the investigation. On November 5, 2024, the subsidiary TIM Brasil has continued to show strong growth in revenues and profits, confirming itself as a strong cash flow generator for the group. On 13 November 2024, TIM Group published Q3/9M 2024 Financial Results. TIM Group has revenues growing to €10.7 billion with gross operating margin rising to €2.7 billion, while Tim's adjusted net financial debt after lease is €8.0 billion. On 17 December 2024,

CVC Capital Partners CVC Capital Partners plc is a Jersey-based private equity and investment advisory firm with approximately €186 billion of assets under management and approximately €157 billion in secured commitments since inception across American, European, ...

is evaluating the purchase of Vivendi's entire stake in Telecom Italia and the stock rises by 5.7%.

2025–present : Poste Italiane and the sale of Sparkle

On 13 January 2025, the Milan court rejected the appeal presented by Vivendi against the board of directors for the sale of TIM's network. On 15 January 2025, TIM's board of directors discussed the offer presented by the Ministry of Economy and Finance and Retelit for the sale of Sparkle. The proposed offer is approximately 700 million euros for full control of Sparkle. Furthermore, 20 January 2025 is also the deadline for TIM to negotiate with the Italian government an agreement on the refund of the 1998 license fee, an agreement worth hundreds of millions of euros. If both deals go through, there could be a further €1.8 billion cut in TIM's already reduced debt. On 15 January 2025, the stock closed the trading day with a +0.47% at a price of €0.258, confirming a bullish trend that takes it away from the minimum values reached last year. On February 12, 2025, Tim Group presents the 2024 financial statements with growing profits and approves the sale of Sparkle for 700 million which will be completed during the year. It also communicates the postponement of share dividends to 2026.

Share swap between Cdp and Poste Italiane

On February 17, 2025, there is a share exchange with

Poste Italiane Poste Italiane (, , abbr. PT) is the Italy, Italian postal service provider. Besides providing postal services, Poste Italiane offers communications, Postal savings system, postal savings products, logistics, and Financial services, financial a ...

of the share held by Cdp, in this way Poste Italiane becomes a shareholder of Tim and Cdp exits totally from the share capital of Tim with a cash consideration and Nexi shares. Poste Italiane is not only a major shareholder, but also a strategic partner of Tim, in the

Italian Government The government of Italy is that of a democratic republic, established by the Italian constitution in 1948. It consists of Legislature, legislative, Executive (government), executive, and Judiciary, judicial subdivisions, as well as of a head of ...

's view of protecting and strengthening Tim as an important Italian asset. On 5 March 2025, Tim Group presents improving financial data with after-lease debt at 7,266 million euros.

Vivendi reduces its stake in the share capital

Starting from March 18, 2025, Vivendi will progressively reduce its stake in the share capital from 23.75% to 18.4%. On March 21, 2025, this reduction of the share is communicated to CONSOB. On March 28, 2025, Poste Italiane buys 15% of Tim from the share held by

and increases the previous share held to 24.8%. The portion of the shares purchased by

cost approximately 684 million at 0.2975 euros per share. With this stock transaction, Poste Italiane becomes the majority shareholder of TIM Group.

Poste Italiane majority shareholder

As April 2025, Poste Italiane holds a 24.81% majority stake in TIM Group, while Vivendi's share has shrunk to 2.5%. On April 14, 2025, the sale of Sparkle to the MEF-Retelit consortium is completed. The transaction is expected to be concluded by the last quarter of 2025.

Main shareholders

The main

s of TIM Group on 15 October 2024 are:

Controversy

Fraud in Brazilian prepaid mobile lines

On 8 August 2012, TIM Brasil became involved in a massive scandal in Brazilian news after the release of report by the Brazilian National Telecommunications Agency Anatel. The report points that on TIM's prepaid voice plan (24.7% market share), called "Infinity" (in which the user pays roughly US$0.12 for each unlimited time call), the calls were intentionally dropped by the company, forcing the customers to make (and pay for) new calls to keep talking. In just one day, 8.1 million calls were dropped and the total profit was approximately $2 million. Upon release of the report, the Public Ministry of the Paraná State filed a lawsuit against TIM asking that it stop selling new mobile lines in Brasil and pay a multimillion-dollar fine for the damages against consumers. In 2013, TIM was accused by consumers of unfair practices, such as charging 4 euros with a particular New Flat Day Free tariff.

Operations

The Telecom Italia Group provides phone landline services and mobile services in Italy, GSM mobile phone services in Italy and Brazil through its TIM and TIM Brasil

subsidiaries A subsidiary, subsidiary company, or daughter company is a company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unl ...

, and

Internet and telephony services in Italy and

San Marino San Marino, officially the Republic of San Marino, is a landlocked country in Southern Europe, completely surrounded by Italy. Located on the northeastern slopes of the Apennine Mountains, it is the larger of two European microstates, microsta ...

(through Telecom Italia San Marino). It also operates in international

telecommunications service A telecommunications company is a kind of electronic communications service provider, more precisely a telecommunications service provider (TSP), that provides telecommunications services such as telephony and data communications access. Many t ...

s for other operators and corporations, through its subsidiary Telecom Italia Sparkle. In 2013, the total amount of the company's debt was about 26 billion €. Telecom Italia has 66,025 employees. Telecom Italia also controls

Olivetti Olivetti S.p.A. is an Italian manufacturer of computers, tablets, smartphones, printers and other such business products as calculators and fax machines. Headquartered in Ivrea, in the Metropolitan City of Turin, the company has been owned b ...

, a manufacturer of computer peripherals and mobile phones. On March 31, 2014, Telecom Italia led both the direct fixed access lines market with a 62% share, and the mobile postpaid segment with a 45% market share. In the mobile " prepaid" segment Telecom Italia owned a 31.5% market share together with

. After the merger of 3 Italy and

Wind Wind is the natural movement of atmosphere of Earth, air or other gases relative to a planetary surface, planet's surface. Winds occur on a range of scales, from thunderstorm flows lasting tens of minutes, to local breezes generated by heatin ...

, completed on 31 December 2016 with the born of Wind Tre, Telecom Italia is now the country's second largest carrier with 30 million customers, followed by

with 25 million customers. Telecom Italia has preserved its leadership on the direct fixed access lines market and the mobile postpaid segment.

High debt issue

The high accumulated debt was mainly due to the 1999 takeover bid carried out by Roberto Colaninno, who acquired the company and subsequently offloaded the purchase costs onto the company itself. Telecom Italia S.p.A. deals with a total debt of €27 billion as of the end of 2019. Moody rated the debt with a B1 grade negative outlook in 2015. As of the end of 2023, the net financial debt after lease for the TIM Group stood at €20.3 billion. Additionally, the adjusted net financial debt was €25.7 billion.

Removing high debt

On 1 July 2024, with the finalization of the sale of the network to KKR, the debt was reduced by €22 billion. So TIM Group no longer has high debt. The remaining debt is in sharp reduction. Less than €7.5 billion by the end of 2024.

Environmental practices and initiatives

In 2002, Telecom Italia subscribed to the

United Nations The United Nations (UN) is the Earth, global intergovernmental organization established by the signing of the Charter of the United Nations, UN Charter on 26 June 1945 with the stated purpose of maintaining international peace and internationa ...

corporate responsibility Corporate responsibility is a term which has come to characterize a family of professional disciplines intended to help a corporation stay competitive by maintaining accountability to its four main stakeholder groups: customers, employees, shareh ...

initiative Global Compact. It is also member of a number of stock market indexes which include companies focused on corporate social responsibility, including the Dow Jones Sustainability Indexes and those administered by

FTSE Group FTSE International Limited trading as FTSE Russell ( "Footsie") is a British provider of stock market index, stock market indices and associated data services, wholly owned by the London Stock Exchange (LSE) and operating from premises in Canary ...

's FTSE4Good. Its part-owned Brazilian subsidiary, TIM Brasil, is listed in the

Bovespa B3 S.A. – Brasil, Bolsa, Balcão (in English, ''B3 – Brazil Stock Exchange and Over-the-Counter Market''), formerly BM&FBOVESPA, is a stock exchange located in São Paulo, Brazil, and the second oldest in the country. Its current form can be ...

's ISE (Índice de Sustentabilidade Empresarial) index. Telecom Italia promotes a

sustainability Sustainability is a social goal for people to co-exist on Earth over a long period of time. Definitions of this term are disputed and have varied with literature, context, and time. Sustainability usually has three dimensions (or pillars): env ...

strategy including both environmental and social issues: in June 2014 it signed an agreement with A2A to buy energy only from renewable sources.

Logo history

Telecom Italia

File:Telecom Italia logo (1994-2003).svg, 1994–2003 File:Logo Telecom Italia (2003-2016).svg, 2003–2016 File:Logo Telecom Italia (2016).svg, 2016–2019 File:Gruppo TIM logo (2019-present).svg, 2019–present

TIM

File:TIM logo (1990-1995).png, 1990–1995 File:TIM logo (1995-1998).png, 1995–1998 File:Logo Telecom Italia Mobile (1999-2004).svg, 1999–2004 File:Logo Telecom Italia Mobile (2004-2014).svg, 2004–2014 File:Logo Telecom Italia Mobile (2014-2016).svg, 2014–2016 File:Logo TIM (2016).svg, 2016–present

References

External links

* {{Authority control Telecommunications companies of Italy Mobile phone companies of Italy Companies based in Rome Telecommunications companies established in 1994 Italian companies established in 1994 Companies formerly listed on the New York Stock Exchange Privatized companies of Italy Italian brands Vivendi Bolloré Companies in the FTSE MIB

History

Origins

1994–2005: Telecom Italia, Telecom Italia Mobile and DSL services

2005–2014: Telecom Italia acquired by Telefónica

2015: Rebrand

2015–2018: Vivendi

2023–2024: the spin-off of NetCo

2025–present : Poste Italiane and the sale of Sparkle

Share swap between Cdp and Poste Italiane

Vivendi reduces its stake in the share capital

Poste Italiane majority shareholder

Main shareholders

Controversy

Fraud in Brazilian prepaid mobile lines

Operations

High debt issue

Removing high debt

Environmental practices and initiatives

Logo history

Telecom Italia

TIM

See also

References

External links