Editing TIM Group (section)

===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.<ref>{{cite news |title=Tim, la cessione della rete è il triste epilogo dell'opa del secolo |url=https://www.milanofinanza.it/news/tim-la-cessione-della-rete-e-il-triste-epilogo-dell-opa-del-secolo-202403082018195742 |access-date=8 March 2024 |agency=milanofinanza.it |publisher=milanofinanza.it |date=8 March 2024}}</ref><ref>{{cite news |title=Telecom: come si uccide un'azienda strategica per soldi |url=https://www.corriere.it/dataroom-milena-gabanelli/telecom-come-si-uccide-un-azienda-strategica-soldi/574c7106-7c70-11ec-8a2d-4c61d1a6b1fa-va.shtml |access-date=8 March 2024 |agency=corriere.it |publisher=corriere.it |date=24 January 2022}}</ref>

Telecom Italia S.p.A. deals with a total debt of €27 billion as of the end of 2019.<ref name="auto">{{cite web |url= https://www.gruppotim.it/content/dam/gt/investitori/doc---report-finanziari/2021/Annual-report-2021.pdf|title=Annual report |date=2021 |website= www.telecomitalia.com|access-date=2022-04-03}}</ref> Moody rated the debt with a B1 grade negative outlook in 2015.<ref>{{cite web|url=https://www.moodys.com/research/Moodys-assigns-Ba1-to-Telecom-Italias-Unsecured-Equity-Linked-Bonds--PR_321493|title=Moody's assigns Ba1 to Telecom Italia's Unsecured Equity-Linked Bonds; negative outlook|date=25 March 2015|website=Moodys.com}}</ref> 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.<ref>{{cite web |title=TIM: the Board of Directors has examined the preliminary data at December 31, 2023 |url=https://www.gruppotim.it/en/press-archive/corporate/2024/PR-TIM-preliminary-data-2023-ENG.html |website=gruppotim.it |access-date=8 March 2024}}</ref>