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TIM Group
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===Removing high debt=== On 1 July 2024, with the finalization of the sale of the network to KKR, the debt was reduced by β¬22 billion. So TIM Group no longer has high debt. <ref>{{cite news |title=Telecom Italia focused on organic growth after network sale |url=https://www.reuters.com/business/media-telecom/telecom-italia-focused-organic-growth-after-network-sale-2024-06-24/ |access-date=11 July 2024 |agency=reuters.com |publisher=reuters.com |date=June 24, 2024}}</ref><ref>{{cite news |title=S&P raises Telecom Italia rating by two notches after network sale |url=https://www.reuters.com/business/media-telecom/sp-raises-telecom-italia-rating-by-two-notches-after-network-sale-2024-07-09/ |access-date=11 July 2024 |agency=reuters.com |publisher=reuters.com |date=July 9, 2024}}</ref><ref>{{cite web |title=Press Release TIM: SALE OF NETCO TO KKR COMPLETED |url=https://www.borsaitaliana.it/borsa/notizie/price-sensitive/156_142939_2024_oneinfo/detail.html?lang=it |website=borsaitaliana.it |access-date=11 July 2024}}</ref> The remaining debt is in sharp reduction.<ref>{{cite news |title=Tim punta a 0,24 euro grazie a S&P. C'Γ¨ spazio per un altro +40% in borsa, ecco come |url=https://www.milanofinanza.it/news/tim-punta-a-0-24-euro-grazie-a-s-p-c-e-spazio-per-un-altro-40-in-borsa-ecco-come-202407101254537104 |access-date=11 July 2024 |agency=milanofinanza.it |publisher=milanofinanza.it |date=11 July 2024}}</ref><ref>{{cite news |title=Tim: Labriola, con taglio debito abbiamo risorse per crescere |url=https://www.ilsole24ore.com/radiocor/nRC_09.07.2024_18.43_59210592 |access-date=11 July 2024 |agency=ilsole24ore.com |publisher=ilsole24ore.com |date=9 July 2024}}</ref> Less than β¬7.5 billion by the end of 2024.<ref name="auto1">{{cite news |title=Nuova Tim, crescono i ricavi e i margini |url=https://www.milanofinanza.it/news/nuova-tim-crescono-i-ricavi-e-i-margini-202407312156442953?refresh_cens |access-date=31 July 2024 |agency=milanofinanza.it |publisher=milanofinanza.it |date=31 July 2024}}</ref>
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