Open main menu
Home
Random
Recent changes
Special pages
Community portal
Preferences
About Wikipedia
Disclaimers
Incubator escapee wiki
Search
User menu
Talk
Dark mode
Contributions
Create account
Log in
Editing
TIM Group
Warning:
You are not logged in. Your IP address will be publicly visible if you make any edits. If you
log in
or
create an account
, your edits will be attributed to your username, along with other benefits.
Anti-spam check. Do
not
fill this in!
{{Short description|Italian telecommunications company}} {{Use dmy dates|date=April 2015}} {{Infobox company | name = TIM S.p.A. | logo = | logo_size = | image = Telecom Italia - Sede Corso Italia.jpg | image_size = | image_caption = TIM Group's headquarters in Rome, Italy | former_name = Telecom Italia S.p.A. <small>(1994–2016)</small> | type = [[Public company|Public]] | traded_as = {{ISE|IT0003497168|TIT}}<br />{{ISE|IT0003497176|TITR}}<br />[[FTSE MIB]] | hq_location_city = [[Rome]], [[Milan]] and [[Naples]] | hq_location_country = Italy | area_served = [[Italy]] | key_people = {{Unbulleted list |[[Pietro Labriola]] ([[Chief executive officer|CEO]]) |[[Salvatore Rossi]] ([[chairman]]) }}<ref>{{Cite web|url=https://www.telecomitalia.com/tit/it/about-us/organizational-chart/salvatore-rossi-presidente-telecom-italia.html |title=Salvatore Rossi - Presidente Telecom Italia | Gruppo TIM |publisher=Telecomitalia.com |access-date=2019-11-22}}</ref> | ISIN = IT0003497168<br />IT0003497176 | industry = [[Telecommunications industry|Telecommunications]] | products = {{Unbulleted list |[[Fixed telephony]] |[[Public telephony]] |[[Mobile telephony]] |[[Broadband Internet]] |[[IT Services]] |[[Telecommunications network|Networking solutions]] |[[Digital television]] }} | revenue = {{increase}} {{€|16.296 billion|link=yes}} (2023)<ref>{{cite web |title=Telecom Italia |url=https://www.borsaitaliana.it/borsa/azioni/profilo-societa-dettaglio.html?isin=IT0003497168&lang=it |website=borsaitaliana.it |access-date=1 August 2024}}</ref> | net_income = {{decrease}} {{€|−1.107 billion}} (2023) | assets = {{decrease}} {{€|69.19 billion}} (2021) | equity = {{decrease}} {{€|17.41 billion}} (2021) | num_employees = {{decrease}} 51,929 (end 2021) | predecessor = [[SIP (company)|SIP]] | foundation = {{Start date and age|1994|07|27|df=y}} | founder = [[Istituto per la Ricostruzione Industriale|IRI]] | subsid = {{Collapsible list |[[Telecom Italia Capital]] (100%) |[[Telecom Italia Finance]] (100%) |[[Telecom Italia Lab]] (100%) |[[TIM Brasil]] (100%<ref>99.9999% owned indirectly through [[Telecom Italia Finance]]</ref>) |[[TIM San Marino]] (100%<ref>99.9999% owned indirectly through [[Telecom Italia Sparkle]]</ref>) |[[Telefonia Mobile Sammarinese]] (51%<ref>through [[Telecom Italia San Marino]]</ref>) |[[Telecom Italia Trust Technologies]] (100%) |[[Telsy]] (100%) |[[FiberCop]] (58%) |[[Nòverca]] (100%) |[[Olivetti]] (100%) |[[Persidera]] (70%) |[[Infrastrutture Wireless Italiane|INWIT]] (37.513%) |[[Telecom Italia Sparkle]] (100%) }}<ref>{{Cite web |title=AnnualReport2016.PDF |url=https://www.telecomitalia.com/content/dam/telecomitalia/en/archive/documents/investors/Annual_Reports/2016/AnnualReport2016.PDF |access-date=2017-09-24 |website=www.telecomitalia.com |language=en }}</ref> | owners = {{Unbulleted list |[[Vivendi]] (2.4%) |[[Bolloré]] (21.6%) |[[Cassa Depositi e Prestiti]] (9.891%) }}<ref>{{Cite web |date= |title=Significant Shareholdings {{!}} TIM Group |url=https://www.telecomitalia.com/tit/en/investors/azioni/significant_shareholdings.html |access-date=2020-04-23 |website=www.telecomitalia.com |language=en}}</ref> | parent = | website = {{URL|https://www.gruppotim.it/en.html|www.gruppotim.it}} }} '''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 telephony|public]] and [[mobile telephony]], and [[DSL]] data services.<ref>{{Cite web |date= |title=Legal notes |url=https://www.telecomitalia.com/tit/en/footer/Note-legali.html |access-date=2019-11-09 |website=TIM Group |language=en}}</ref><ref>{{Cite web |date= |title=Profile |url=https://www.telecomitalia.com/tit/en/about-us/profile.html |access-date=2019-11-09 |website=TIM Group |language=en}}</ref> It is the largest Italian telecommunications services provider in revenues and subscribers. It was founded in 1994 by the [[Mergers and acquisitions|merger]] of several [[State-owned company|state-owned]] telecommunications companies, the most prominent of which was [[SIP (company)|SIP]], the former state monopoly telephone operator in Italy.<ref>{{Cite web |date= |title=1980s – 1990s |url=https://www.telecomitalia.com/tit/en/about-us/history/80s-90s.html |access-date=2019-11-09 |website=TIM Group |language=en}}</ref><ref>{{Cite web |date= |title=Business history |url=https://archiviostorico.telecomitalia.com/italia-al-telefono-oltre/business-history |access-date=2017-06-28 |website=archiviostorico.telecomitalia.com |language=it}}</ref><ref>{{cite news |last1=Glover |first1=John |title=Italy Invigorated |url=https://archive.org/details/mcni-images/page/28/mode/2up |access-date=16 May 2024 |work=Multichannel News International |publisher=Capital Cities/ABC |date=1 November 1995 |page=28}}</ref> The company's stock is traded in the [[Borsa Italiana]]. 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]] in [[Brazil]], known as [[TIM Brasil]],<ref>{{Cite web |date= |title=Presence in the world |url=https://www.telecomitalia.com/tit/en/about-us/geographical-dispersion.html |access-date=2019-11-09 |website=TIM Group |language=en}}</ref> with 72.6 million customers.<ref>{{cite web |author=Scott Bicheno |date=January 14, 2016 |title=Telecom Italia formally unifies brands under TIM name |url=https://www.telecoms.com/communications-service-provider/telecom-italia-formally-unifies-brands-under-tim-name |access-date=January 24, 2018 |website=telecoms.com}}</ref> The brand covers over 114 million customers worldwide.<ref>{{cite web |title=Breaking Barriers to Transform TIM's Brand and Business |url=https://interbrand.com/work/breaking-barriers-to-transform-tim-brand-and-business/ |url-status=dead |archive-url=https://web.archive.org/web/20191021064809/https://www.interbrand.com/work/breaking-barriers-to-transform-tim-brand-and-business/ |archive-date=21 October 2019 |access-date=January 24, 2018 |publisher=Interbrand}}</ref> As April 2024, Net sales are distributed geographically as follows: Italy (72.9%) and Brazil (27.1%). ==History== {{cleanup-rewrite|2=section|date=January 2025}} ===Origins=== In 1925, the Italian phone network was reorganised by the [[Mussolini government|Benito Mussolini cabinet]] and the company [[STIPEL]] was established in the same year. The original core of Telecom Italia included four companies which operated in a specific geographical area.:<ref>{{cite web |title=Economics and politics of telecommunications |url=http://www.forumti.it/fti/downloads/Summary%20(in%20english).pdf?ref=search}}</ref> [[TIMO]], [[TE.TI.]], [[TELVE]] and [[SET (company)|SET]]. In 1964, [[Società Idroelettrica Piemontese]] (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 [[Ministry of Economy and Finance (Italy)|Italian Ministry of Finance]].{{Citation needed|date=May 2022}} SIP was a [[state monopoly]] from 1964 to 1996 and Italian people had to pay the "Canone Telecom" (a [[Fixed-line|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 [[Italy|Italian]] [[mobile telephony]] market dates back to 1990 with the launch of the [[TACS]] [[Cellular network|network]] by the Telecom Italia Mobile Radio Services [[Division (business)|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 – Società Finanziaria Telefonica|STET]]).<ref>{{cite web |url=https://archivio.corriere.it/1994/marzo/18/nasce_Telecom_Italia_co_0_94031816349.shtml |title=nasce Telecom Italia |website=Corriere.it |language=it |url-status=dead |archive-url=https://web.archive.org/web/20120803190924/http://archiviostorico.corriere.it/1994/marzo/18/nasce_Telecom_Italia_co_0_94031816349.shtml |archive-date=2012-08-03}}</ref> This was due to a reorganization plan for the [[Telecommunications industry|telecommunications sector]] presented by [[Istituto per la Ricostruzione Industriale|IRI]] to the Minister of Finance. In 1995, the [[mobile telephony]] division was spun off as ''Telecom Italia Mobile'' (TIM),<ref name=":02">{{Cite web |date= |title=1980s – 1990s {{!}} Telecom Italia Group |url=https://www.telecomitalia.com/tit/en/about-us/history/80s-90s.html |url-status= |archive-url= |archive-date= |access-date=2017-07-04 |website=www.telecomitalia.com |language=en}}</ref><ref>{{Cite web |date= |title=History of Telecom Italia Mobile S.p.A. – FundingUniverse |url=http://www.fundinguniverse.com/company-histories/telecom-italia-mobile-s-p-a-history/ |url-status=live |archive-url=https://web.archive.org/web/20240617082010/http://www.fundinguniverse.com/company-histories/telecom-italia-mobile-s-p-a-history/ |archive-date=2024-06-17 |access-date=2014-08-13 |website=www.fundinguniverse.com}}</ref><ref>{{Cite book |last1=Cantoni |first1=V. |url=https://books.google.com/books?id=YpQdfylmkWgC&dq=28+giugno+1995+Telecom+Italia+mobile&pg=PA738 |title=Storia delle telecomunicazioni |last2=Falciasecca |first2=Gabriele |last3=Pelosi |first3=Giuseppe |date=2011 |publisher=Firenze University Press |isbn=978-88-6453-243-1 |language=it |access-date=2023-07-11 |archive-url=https://web.archive.org/web/20240617082014/https://books.google.com/books?id=YpQdfylmkWgC&dq=28+giugno+1995+Telecom+Italia+mobile&pg=PA738#v=onepage&q=28%20giugno%201995%20Telecom%20Italia%20mobile&f=false |archive-date=2024-06-17 |url-status=live}}</ref><ref>{{Cite book |last=Saporiti |first=Marco |url=https://books.google.com/books?id=7UMKBgAAQBAJ&dq=28+giugno+1995+Telecom+Italia+mobile&pg=PA59 |title=Storia della Telefonia in Italia |date=2013 |publisher=Lulu.com |isbn=978-88-97914-72-3 |language=it |access-date=2023-07-11 |archive-url=https://web.archive.org/web/20240617082016/https://books.google.com/books?id=7UMKBgAAQBAJ&dq=28+giugno+1995+Telecom+Italia+mobile&pg=PA59#v=onepage&q=28%20giugno%201995%20Telecom%20Italia%20mobile&f=false |archive-date=2024-06-17 |url-status=live}}</ref><ref>{{Cite web |date= |title=Gazzetta Ufficiale |url=http://www.gazzettaufficiale.it/eli/id/1995/07/17/S-17799/p2;jsessionid=Xou42sxip5n97MUGvaaXxQ__.ntc-as1-guri2a |url-status=live |archive-url=https://web.archive.org/web/20240617082050/https://www.gazzettaufficiale.it/eli/id/1995/07/17/S-17799/p2;jsessionid=Xou42sxip5n97MUGvaaXxQ__.ntc-as1-guri2a |archive-date=2024-06-17 |access-date=2015-09-24 |website=www.gazzettaufficiale.it |language=}}</ref><ref>{{Cite web |date= |title=Strategia marketing Omnitel vs Tim |url=http://www00.unibg.it/dati/corsi/8519/29824-Strategia%20marketing%20TIM%20vs%20Omnitel%20(Vodaphone).pdf |access-date=2015-07-24 |website=www00.unibg.it |language=it-IT}}</ref> while Telecom Italia, under managing director Francesco Chirichigno,<ref>{{cite news |last1=Glover |first1=John |title=Italy Invigorated |url=https://archive.org/details/mcni-images/page/30/mode/2up |access-date=16 May 2024 |work=Multichannel News International |publisher=Capital Cities/ABC |date=1 November 1995 |page=30}}</ref> 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 calling card|rechargeable]] [[Prepaid mobile phone|prepaid card]] for Italy, the ''TIM Card'',<ref>{{Cite web |date= |title=I Corsi di Storia e Cultura dell'Industria - Settori industriali e imprese - Energia e Telecomunicazioni - Sip - Telecom Italia - Storia (pag. 30) |url=http://www.corsi.storiaindustria.it/settoriindustriali/energiatelecom/sip/storia/30.shtml |url-status=live |archive-url= https://web.archive.org/web/20150923210633/http://www.corsi.storiaindustria.it/settoriindustriali/energiatelecom/sip/storia/30.shtml |archive-date=2015-09-23 |access-date=2015-07-24 |website=www.corsi.storiaindustria.it}}</ref> becoming the first telephone company in the world to introduce this charging system. Towards the end of 1996 TIM was the first world [[Mobile Network Operator|operator]] to launch a tariff plan based on a prepaid card on the [[GSM]] network, which in a short time generated rapid growth in mobile telephony. Interbusiness, Italy's largest [[internet]] network, was created and in the same period with ''Telecom Italia Net'' (Tin.it) and the first [[Internet Service Provider]]s (ISPs), [[internet access]] became a reality in Italy.<ref>{{cite web|url=https://archivio.corriere.it/1995/febbraio/22/TELECOM_ITALIA_Interbusiness_con_Internet_co_8_9502221529.shtml|title=Archivio Corriere della Sera|website=archiviostorico.corriere.it}}</ref> In 1996, TIM introduced a new [[Rechargeable calling card|prepaid rechargeable phone card]]<ref>{{Cite web|url=https://books.google.com/books?id=-q6GrtjFqYkC&pg=PA45|title=The economics of mobile telecommunications page 45 reference #50}}</ref> ([[GSM]]), and one year later launched [[short messaging service]] (SMS) capability. In 1997, under the [[chairmanship]] of [[Guido Rossi (jurist)|Guido Rossi]], Telecom Italia was privatised and was transformed into a large multimedia group.<ref name=":12">{{Cite web |date= |title=TIM - Sapere.it |url=http://www.sapere.it/enciclopedia/TIM.html |access-date=2015-07-24 |website=www.sapere.it}}</ref> By 2001, the company was in debt and was acquired by [[Marco Tronchetti Provera]]. The following year, the group released its [[DSL]] 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]]s (a home telephone number was required for [[ADSL]] service). [[Telecom Italia Media]], the group's multimedia company, was formed in 2003 from [[SEAT Pagine Gialle]], focussing its business on the [[Television industry|television sector]] with [[La7]] and [[MTV (Italy)|MTV]] [[Television channel|channels]].<ref>{{cite web|url=https://telecomitaliamedia.it/et/content/profile|archive-url=https://web.archive.org/web/20100713155259/http://www.telecomitaliamedia.it/et/content/profile|url-status=dead|archive-date=2010-07-13|title=Telecom Italia Media official site}}</ref> After the reorganization of [[Publishing industry|editorial]] activities, Telecom Italia acquired Tin.it and [[Virgilio.it|Virgilio]] from Telecom Italia Media in 2005 .<ref>{{cite web|url=http://archivio-radiocor.ilsole24ore.com/articolo-433346/telecom-acquista-virgilio-tin-it/|title=News archive on IlSole24ore}}</ref> The Telecom Italia Group also operates in [[South America]]; in [[Brazil]] as [[TIM Brasil]], and in [[Argentina]] and [[Paraguay]] with [[Telecom Argentina]]. TIM Brasil has its local headquarters in [[Rio de Janeiro]].<ref>{{Cite web|url=https://www.bnamericas.com/en|title=BNamericas - Develop your Latin America business|website=BNamericas.com}}</ref> Telecom Italia also had a 50% share in the [[Bolivia]]n telecommunications company [[Entel (Bolivia)|Entel]] until its share was nationalised by the [[Bolivian government]] in 2008.<ref>{{cite news|url=https://www.elcomercio.com/noticiaEC.asp?id_noticia=217331&id_seccion=5 |title=Bolivia acepta arbitraje por nacionalización de una telefónica |publisher=El Comercio |date=August 27, 2008 |language=es |access-date=2010-04-13}} {{Dead link|date=October 2010|bot=H3llBot}}</ref><ref>{{Cite news|date=2008-05-01|title=UPDATE 1-Bolivia announces takeover of Telecom Italia unit|language=en|work=Reuters|url=https://www.reuters.com/article/entel-bolivia-idUSN0121819820080501|access-date=2020-09-17}}</ref> In 2002, TIM was the first [[mobile telecommunications company]] in [[Europe]] to launch [[Multimedia Messaging Service|MMS]] services.<ref>{{Cite web |date= |title=Tim lancia gli Mms: quest'estate le cartoline si spediscono gratuitamente col telefonino |url=http://www.cellularitalia.com/comu/tim210502.php |url-status=live |archive-url=https://web.archive.org/web/20240617082521/https://www.cellularitalia.com/comu/tim210502.php |archive-date=2024-06-17 |access-date=2015-07-24 |website=www.cellularitalia.com}}</ref><ref>{{Cite web |date= |title=LoSai di TIM |url=http://www.cellularitalia.com/news/tim026losaiditim.html |url-status=dead |archive-url=https://web.archive.org/web/20160305041129/http://www.cellularitalia.com/news/tim026losaiditim.html |archive-date=2016-03-05 |access-date=2015-07-24 |website=www.cellularitalia.com}}</ref> Between 2002 and 2004, it launched some [[value-added service]]s: SMS and MMS content, [[Internet]] [[Web browsing|browsing]] using [[Wireless Application Protocol|WAP]] technology, games and [[Java application]]s. In 2003, the world's first [[mobile television]] 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]], with operators world's leading mobile ([[T-Mobile International|T-Mobile]], [[Orange (telecommunications)|Orange]] and [[TeliaSonera]]). This alliance will be called [[FreeMove]].<ref>{{Cite web |date= |title=Tim: alleanza internazionale sotto il marchio FreeMove |url=http://www.cellularitalia.com/comu/tim290304.php |url-status=live |archive-url=https://web.archive.org/web/20160602114606/http://www.cellularitalia.com/comu/tim290304.php |archive-date=2016-06-02 |access-date=2015-07-24 |website=www.cellularitalia.com}}</ref> In 2004, as part of the ''TIM Turbo'' project, the [[EDGE (telecommunication)|EDGE]] and [[UMTS]] 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.<ref>{{Cite web |date= |title=Tim: dal 03-10-05 nuovo profilo "TIM Tribù" per Ricaricabili |url=http://www.cellularitalia.com/news/tim437tribu.php |url-status=live |archive-url=https://web.archive.org/web/20131023025841/http://www.cellularitalia.com/news/tim437tribu.php |archive-date=2013-10-23 |access-date=2015-07-24 |website=www.cellularitalia.com}}</ref> In June 2005, TIM merged into Telecom Italia, remaining active as brand for Telecom Italia's mobile telephony offer.<ref>{{Cite web |date= |title=Avviso Efficacia della fusione Telecom Italia - Tim |url=http://www.telecomitalia.com/tit/it/archivio/governance/verbali_atti_relazioni/2005/06-24.html |access-date=2016-03-12 |website=Gruppo Telecom Italia |language=it-IT}}</ref> Telecom Italia reported mounting debts in 2005, and, one year later, [[Chief executive officer|CEO]] Marco Tronchetti Provera resigned.<ref>{{cite web|url=https://www.pirelli.com/mediaObject/corporate/documents/en/media/pirelli_telecom/Pirelli_in_Telecom_Italia_2001_to_2007/original/Pirelli_in_Telecom_Italia_2001_to_2007.pdf?ref=search|title=Pirelli as manager and investor in Telecom Italia (2001-2007)|access-date=24 August 2015|archive-url=https://web.archive.org/web/20150908100217/https://www.pirelli.com/mediaObject/corporate/documents/en/media/pirelli_telecom/Pirelli_in_Telecom_Italia_2001_to_2007/original/Pirelli_in_Telecom_Italia_2001_to_2007.pdf?ref=search|archive-date=8 September 2015|url-status=dead|df=dmy-all}}</ref> In 2007 the company was bought by Telco, a consortium of [[Telefónica]] and several [[Italian banks]].<ref>{{cite news|url=https://www.nytimes.com/2007/04/29/technology/29cnd-telecom.html|title=Telefónica Gets Controlling Stake in Telecom Italia|first1=Victoria|last1=Burnett|first2=Peter|last2=Kiefer|newspaper=The New York Times |date=29 April 2007}}</ref> Telefónica owned 46% of Telco, the [[holding company]] that controlled 22% of Telecom Italia. In December 2011, the company developed ''TIM Cloud'', a [[cloud storage]] service dedicated to its customers where they can save [[digital file]]s.<ref>{{Cite web |date= |title=Tim: dal 03-12-12 novità offerta 'TIM Cloud 200 GB' |url=http://www.cellularitalia.com/news/tim901tim-cloud03-12.php |url-status=live |archive-url=https://web.archive.org/web/20240617082522/https://www.cellularitalia.com/news/tim901tim-cloud03-12.php |archive-date=2024-06-17 |access-date=2015-07-24 |website=www.cellularitalia.com}}</ref> In November 2012, TIM launched its [[LTE (telecommunications)|LTE]] network.<ref>{{Cite web |date= |title=TIM: al via nuovi servizi ultrabroadband su rete LTE |url=http://www.cellularitalia.com/comu/tim161012.php |url-status=live |archive-url=https://web.archive.org/web/20240617082522/https://www.cellularitalia.com/comu/tim161012.php |archive-date=2024-06-17 |access-date=2015-07-24 |website=www.cellularitalia.com}}</ref> The ''TIM Wallet'' service was born in February 2013, to be able to make payments via [[smartphone]] thanks to [[Near-Field Communication|NFC]] technology.<ref>{{Cite web |date= |title=Telecom Italia: sperimentazione servizio mobile ticketing NFC |url=http://www.cellularitalia.com/comu/telecom170513.php |access-date=2015-07-24 |website=www.cellularitalia.com}}</ref> In late 2013, Telefónica announced its intention to acquire the entirety of Telco by January 2014, potentially becoming Telecom Italia's largest [[shareholder]].<ref>{{Cite news|last=Mesco|first=Gabriele Lamonica And Manuela|date=2013-09-23|title=Telefónica in Talks to Become Majority Stakeholder in Telecom Italia's Holding Company|language=en-US|work=Wall Street Journal|url=https://online.wsj.com/article/SB10001424052702303759604579093060864026116.html|access-date=2021-04-02|issn=0099-9660}}</ref><ref>{{Cite web|last=Emsden|first=Christopher|title=Telefonica to take control of Italy's Telco|url=https://www.marketwatch.com/story/telefonica-to-take-control-of-italys-telco-2013-09-24|access-date=2021-04-02|website=MarketWatch|date=24 September 2013 |language=en-US}}</ref> The plan, however, is being challenged by the Brazilian competition authority since Telefónica and Telecom Italia, with [[Vivo (telecommunications)|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]] [[Mobile application|applications]].<ref>{{Cite web |date= 27 April 2015|title=Con TIM tv, musica, giochi e calcio senza consumare il credito {{!}} Famiglia |url=http://www.oggi.it/famiglia/offerte-e-risparmio/2015/04/27/con-tim-tv-musica-giochi-e-calcio-senza-consumare-il-credito/ |access-date=2015-07-24 |website=www.oggi.it}}</ref> ===2015: Rebrand=== In 2015, the company started a [[rebranding]] process towards the unified TIM [[brand]], which would no longer be used only to identify mobile telephony offers but also for fixed telephony ones, abandoning the Telecom Italia brand.<ref>{{cite web |title=Telecom Italia Group: 2015–2017 strategic plan approved, cumulative investments planned totalling around 14.5 billion euros over the three year period |url=http://www.telecomitalia.com/tit/en/archivio/media/comunicati-stampa/telecom-italia/corporate/economico-finanziario/2015/2015-2017-strategic-plan-approved.html |access-date=2015-04-02 |work=Telecom Italia Group |language=en}}</ref><ref>{{Cite web |date= |title=Telecom Italia diventa TIM |url=http://in.tim.it/telecom-italia-diventa-tim/ |access-date=2015-08-13 |website=TIM |language=it}}</ref><ref>{{Cite web |date= |title=Telecom Italia diventa TIM - La Nuova TIM |url=http://in.tim.it/la-nuova-tim/ |access-date=2015-08-13 |website=TIM |language=it}}</ref><ref>{{Cite web |date= |title=Nuovo sito TIM Telecom italia |url=http://www.tim.it/nuovo-sito-TIM-Telecom-italia |access-date=2015-08-13 |website=TIM |language=it}}</ref><ref>{{Cite web |title=Our brands |url=http://www.telecomitalia.com/tit/en/about-us/branding/brands/our-brands.html |access-date=2015-10-03 |website=Telecom Italia Group |language=en}}</ref> In the same year, the [[board of directors]] approved the new company's division, [[Infrastrutture Wireless Italiane]] (INWIT) which operates 11,500 [[Cell site|wireless towers]].<ref>{{cite news |title=Telecom Italia gets OK for towers IPO, values it at €2.34B |url=https://seekingalpha.com/news/2564296-telecom-italia-gets-ok-for-towers-ipo-values-it-at-2_34b |date=5 June 2015 |work=Seeking Alpha |author=Aycock, Jason }}</ref><ref>{{cite news |title=Telecom Italia gets regulatory OK for €1bn towers IPO |author=Lennighan, Mary |date=5 June 2015 |work=Total Telecom |url=https://totaltele.com/view.aspx?ID=490171 }}</ref> TIM was the Official Global Partner of [[Expo 2015]]. Thanks to the company's contribution, it was possible to create the first Italian digital [[smart city]], 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]] connections based on [[Cisco Systems|Cisco]] technology.<ref>{{Cite web |date= 30 April 2015|title=TIM per la digital smart city dell'Expo 2015 |url=http://www.key4biz.it/expo-2015-di-milano-si-accende-la-digital-smart-city-di-tim/118086/ |url-status=live |archive-url=https://web.archive.org/web/20240617083025/http://www.key4biz.it/expo-2015-di-milano-si-accende-la-digital-smart-city-di-tim/118086/ |archive-date=2024-06-17 |access-date=2015-09-11 |website=www.key4biz.it}}</ref> ===2015–2018: Vivendi=== It was revealed in October 2015 that shareholders [[Vivendi]] would raise their stakes further in the company from its current level of 15.49%.<ref>{{cite web|title=Exclusive: Vivendi moves to raise Telecom Italia stake to around 19 percent - sources|url=https://www.reuters.com/article/2015/10/01/us-telecomitalia-vivendi-exclusive-idUSKCN0RV5Q020151001|website=Reuters|date=1 October 2015|access-date=2 July 2017|archive-date=2 December 2018|archive-url=https://web.archive.org/web/20181202064808/https://www.reuters.com/article/us-telecomitalia-vivendi-exclusive/exclusive-vivendi-moves-to-raise-telecom-italia-stake-to-around-19-percent-sources-idUSKCN0RV5Q020151001|url-status=dead}}</ref> As of May 2017, Vivendi owns 24.6% of the company with Vivendi's CEO [[Arnaud de Puyfontaine]] becoming [[executive chairman]] of Telecom Italia.<ref>{{cite news|url=https://www.reuters.com/article/us-telecomitalia-vivendi-chairman/telecom-italia-names-vivendi-ceo-de-puyfontaine-as-chairman-source-idUSKBN18S5LC|title=Telecom Italia appoints Vivendi's CEO as chairman|date=1 June 2017|newspaper=Reuters}}</ref> 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.<ref>{{cite web|url=https://www.huffingtonpost.it/2018/05/17/tim-al-via-cassa-integrazione-per-3-4mila-persone_a_23436776/|title=Tim, scatta la cassa integrazione: in un anno gli esuberi arriveranno a 4.500|date=17 May 2018|website=L'HuffPost}}</ref> He has been substituted by Luigi Gubitosi, who became the new CEO on 18 November 2018.<ref>{{cite web|url=https://www.corriere.it/economia/18_novembre_18/chi-gubitosi-l-uomo-operazioni-difficili-4b4d6778-eb25-11e8-a3a7-d3b748828557.shtml|title=Chi è Gubitosi, l'uomo delle operazioni difficili|first=Redazione|last=Economia|date=18 November 2018|website=Corriere della Sera}}</ref> In 2016, following the rebranding that led to the adoption of the single TIM brand, the [[parent company]] 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.<ref>{{Cite web |date= |title=Telecom Italia shareholders' meeting held: all items on the agenda approved {{!}} Telecom Italia Group |url=http://www.telecomitalia.com/tit/en/archivio/media/comunicati-stampa/telecom-italia/corporate/economico-finanziario/2016/Telecom-Italia-shareholders-meeting-2016-05-25.html |access-date=2016-05-29 |website=www.telecomitalia.com}}</ref> ===2023–2024: the spin-off of NetCo=== On 12 June 2024 [[Moody's Corporation|Moody's]] improves its rating on TIM, raising it to Ba3 from B1.<ref>{{cite news |title=Moody's alza il rating di Tim, outlook positivo |url=https://www.ansa.it/sito/notizie/topnews/2024/06/12/moodys-alza-il-rating-di-tim-outlook-positivo_5141b3f8-6e9c-4be1-af37-80891bfb7f08.html |access-date=1 July 2024 |agency=ansa.it |publisher=ansa.it |date=12 June 2024}}</ref><ref>{{cite news |title=TIM, Moody's alza rating a "Ba3". Outlook positivo |url=https://www.borsaitaliana.it/borsa/notizie/teleborsa/finanza/tim-moody-s-alza-rating-a-ba3-outlook-positivo-225_2024-06-12_TLB.html |access-date=1 July 2024 |agency=borsaitaliana.it |publisher=borsaitaliana.it |date=12 June 2024}}</ref> On 1 July 2024 the transfer of the network to KKR took place, with a debt reduction of 22 billion euros.<ref>{{cite news |title=Tim, il 1° luglio il D-Day per la cessione della rete a Kkr. Cosa succederà dopo |url=https://www.milanofinanza.it/news/tim-il-1-luglio-il-d-day-per-la-cessione-della-rete-a-kkr-cosa-succedera-dopo-202406241447353092 |access-date=1 July 2024 |agency=milanofinanza.it |publisher=milanofinanza.it |date=24 June 2024}}</ref> 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, [[Standard & Poor|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.<ref>{{cite news |title=Tim corre dopo il miglioramento del rating da parte di S&P |url=https://www.ilsole24ore.com/art/tim-corre-il-miglioramento-rating-parte-sp-AFAxVMiC |access-date=10 July 2024 |agency=ilsole24ore.com |publisher=ilsole24ore.com |date=10 July 2024}}</ref> 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%).<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> [[Fitch Ratings|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]] to enhance the 5G mobile network in [[Brazil]].<ref>{{cite news |title=Tim affida a Nokia il potenziamento del 5G in Brasile. Il titolo sale a Piazza Affari |url=https://www.milanofinanza.it/news/tim-affida-a-nokia-il-potenziamento-del-5g-in-brasile-il-titolo-sale-a-piazza-affari-202408191507214142 |access-date=19 August 2024 |agency=milanofinanza.it |publisher=milanofinanza.it |date=19 August 2024}}</ref> On October 2, 2024, TIM examines the proposal formulated by the [[Ministry of Economy and Finance (Italy)|Italian Ministry of Economy and Finance]] together with the Asterion fund for the purchase of the entire share of [[Telecom Italia Sparkle|Sparkle]]. TIM would thus conclude the debt restructuring process by collecting an additional 700 million euros.<ref>{{cite news |title=Tim: Mef e Asterion presentano un'offerta da 700 milioni per Sparkle |url=https://www.milanofinanza.it/news/tim-mef-e-asterion-presentano-un-offerta-da-700-milioni-per-sparkle-202410021847156876 |access-date=24 October 2024 |agency=milanofinanza.it |publisher=milanofinanza.it |date=2 October 2024}}</ref> On 23 October 2024, corruption charges are formulated by the [[Guardia di Finanza]] 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.<ref>{{cite news |title=Corruzione, perquisiti gli uffici dei dirigenti di Tim e Ntt Data. Il titolo del colosso tlc cala a Piazza Affari |url=https://www.milanofinanza.it/news/corruzione-perquisiti-gli-uffici-dei-procuratori-di-tim-e-ntt-data-il-titolo-del-colosso-tlc-cala-a-piazza-202410230940317252 |access-date=24 October 2024 |agency=milanofinanza.it |publisher=milanofinanza.it}}</ref> 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.<ref>{{cite news |title=Corruzione, perquisizioni per dirigenti di Tim e Ntt Data Italia. Tim nomina un nuovo responsabile acquisti: Giampaolo Leone |url=https://www.ilsole24ore.com/art/corruzione-perquisizioni-dirigenti-tim-e-ntt-data-italia-AGbNITi |access-date=24 October 2024 |agency=ilsole24ore.com |publisher=ilsole24ore.com |date=23 October 2024}}</ref> 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. <ref>{{cite news |title=Tim Brasil continua a crescere nel terzo trimestre e conferma 550 milioni di dividendi nel 2024. I giudizi degli analisti |url=https://www.milanofinanza.it/news/tim-brasil-continua-a-crescere-nel-terzo-trimestre-e-conferma-550-milioni-di-dividendi-nel-2024-i-giudizi-202411051348334711 |access-date=7 November 2024 |agency=milanofinanza.it |publisher=milanofinanza.it |date=5 November 2024}}</ref><ref>{{cite news |title=Tim Brasil, utile 3° trimestre in aumento dell'11,2%. Agli azionisti 3,5 miliardi di reais |url=https://www.borsaitaliana.it/borsa/notizie/teleborsa/finanza/tim-brasil-utile-3-trimestre-in-aumento-dell-112-agli-azionisti-35-miliardi-di-reais-53_2024-11-05_TLB.html |access-date=7 November 2024 |agency=borsaitaliana.it |publisher=borsaitaliana.it |date=5 November 2024}}</ref> 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.<ref>{{cite web |title=TIM Group 9M 24 Financial & Operating Figures |url=https://www.gruppotim.it/content/dam/gt/investitori/webcast/2024/TIM-Group-Financial-%26-Operating-Figures-9M-%2724.pdf |website=gruppotim.it |access-date=13 November 2024}}</ref><ref>{{cite news |title=Tim chiude i 9 mesi con ricavi in crescita a 10,7 miliardi |url=https://www.ansa.it/sito/notizie/economia/2024/11/13/tim-chiude-i-9-mesi-con-ricavi-in-crescita-a-107-miliardi_8b85a99e-abff-4475-9ab6-7194fc258b9f.html |access-date=13 November 2024 |agency=ansa.it |publisher=ansa.it |date=13 November 2024}}</ref><ref>{{cite news |title=Telecom Italia says earnings and debt goals on track after network sale |url=https://www.reuters.com/business/media-telecom/telecom-italia-says-earnings-debt-goals-track-after-network-sale-2024-11-13/ |access-date=13 November 2024 |agency=reuters.com |publisher=reuters.com |date=13 November 2024}}</ref> On 17 December 2024, [[CVC Capital Partners]] is evaluating the purchase of Vivendi's entire stake in Telecom Italia and the stock rises by 5.7%.<ref>{{cite news |title=Cvc mette nel mirino la quota Vivendi, Tim sale del 5,7% |url=https://www.milanofinanza.it/news/cvc-mette-nel-mirino-la-quota-vivendi-tim-sale-del-5-7-2649609?refresh_cens |access-date=18 December 2024 |agency=milanofinanza.it |publisher=milanofinanza.it |date=17 December 2024}}</ref><ref>{{cite news |title=Tim, fondi in manovra su quota Vivendi |url=https://www.ilgiornale.it/news/economia/tim-fondi-manovra-su-quota-vivendi-2412716.html |access-date=18 December 2024 |agency=ilgiornale.it |publisher=ilgiornale.it |date=17 December 2024}}</ref> === 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.<ref>{{cite news |date=15 January 2025 |title=Tim, il tribunale boccia il ricorso |url=https://www.milanofinanza.it/news/tim-il-tribunale-boccia-il-ricorso-2652302?refresh_cens |access-date=15 January 2025 |publisher=milanofinanza.it |agency=milanofinanza.it}}</ref><ref>{{cite news |date=14 January 2025 |title=Vivendi, Tribunale Milano dichiara inammissibile ricorso contro TIM |url=https://www.teleborsa.it/News/2025/01/14/vivendi-tribunale-milano-dichiara-inammissibile-ricorso-contro-tim-45.html |access-date=15 January 2025 |publisher=teleborsa.it |agency=teleborsa.it}}</ref> On 15 January 2025, TIM's board of directors discussed the offer presented by the [[Ministry of Economy and Finance (Italy)|Ministry of Economy and Finance]] and Retelit for the sale of [[Telecom Italia Sparkle|Sparkle]].<ref>{{cite news |date=8 January 2025 |title=Tim cresce in attesa di Sparkle |url=https://www.milanofinanza.it/news/tim-cresce-in-attesa-di-sparkle-2651540 |access-date=15 January 2025 |publisher=milanofinanza.it |agency=milanofinanza.it}}</ref> The proposed offer is approximately 700 million euros for full control of Sparkle.<ref>{{cite news |date=19 December 2024 |title=Sparkle, l'offerta di Mef e Retelit conferma la valutazione a 700 milioni |url=https://www.ilsole24ore.com/art/sparkle-l-offerta-mef-e-retelit-conferma-valutazione-700-milioni-AGOEcXrB |access-date=15 January 2025 |publisher=ilsole24ore.com |agency=ilsole24ore.com}}</ref><ref>{{cite news |date=7 January 2025 |title=Scatto di Tim, attenzione su Sparkle e sul nuovo piano industriale |url=https://www.ilsole24ore.com/art/scatto-tim-attenzione-sparkle-e-nuovo-piano-industriale-AG2Bx69B |access-date=15 January 2025 |publisher=ilsole24ore.com |agency=ilsole24ore.com}}</ref> 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.<ref>{{cite news |date=15 January 2025 |title=Tim: oggi cda interlocutorio su offerta per Sparkle, prossima riunione il 22 |url=https://www.ilsole24ore.com/radiocor/nRC_15.01.2025_19.58_70410704 |access-date=15 January 2025 |publisher=ilsole24ore.com |agency=ilsole24ore.com}}</ref> 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.<ref>{{cite news |date=15 January 2025 |title=Telecom Italia |url=https://www.teleborsa.it/azioni/telecom-italia-tit-it0003497168-SVQwMDAzNDk3MTY4 |access-date=15 January 2025 |publisher=teleborsa.it |agency=teleborsa.it}}</ref> 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.<ref>{{cite news |title=Tim, il cda approva l'offerta per Sparkle di Mef e Retelit da 700 milioni: tutti i tempi dell'operazione |url=https://www.milanofinanza.it/news/tim-il-cda-approva-l-offerta-per-sparkle-di-mef-e-retelit-da-700-milioni-closing-atteso-nel-primo-trimestre-202502121413526622 |access-date=18 February 2025 |agency=milanofinanza.it |publisher=milanofinanza.it |date=12 February 2025}}</ref> ====Share swap between Cdp and Poste Italiane==== On February 17, 2025, there is a share exchange with [[Poste Italiane]] of the share held by [[Cassa Depositi e Prestiti|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]]'s view of protecting and strengthening Tim as an important Italian asset.<ref>{{cite news |title=Tim, i risvolti dello scambio Cdp-Poste: cosa cambia per Labriola, Vivendi e Iliad l'ingresso di Del Fante nella partita |url=https://www.milanofinanza.it/news/tim-i-risvolti-dello-scambio-cdp-poste-cosa-cambia-per-labriola-vivendi-e-iliad-l-ingresso-di-del-fante-202502141936385264 |access-date=18 February 2025 |agency=milanofinanza.it |publisher=milanofinanza.it |date=17 February 2025}}</ref><ref>{{cite news |title=Tim, Poste apre il dialogo con Vivendi: primi contatti per collaborare. Colloqui possibili anche con Iliad e Cvc |url=https://www.milanofinanza.it/news/tim-poste-apre-il-dialogo-con-vivendi-primi-contatti-per-collaborare-colloqui-possibili-anche-con-iliad-202502171852541426 |access-date=18 February 2025 |agency=milanofinanza.it |publisher=milanofinanza.it |date=17 February 2025}}</ref> On 5 March 2025, Tim Group presents improving financial data with after-lease debt at 7,266 million euros.<ref>{{cite news |title=Tim rivede l'utile nel semestre, per il 2024 il rosso si riduce a 364 milioni |url=https://www.ilsole24ore.com/art/tim-rivede-l-utile-semestre-il-2024-rosso-si-riduce-364-milioni-AGutYHLD |access-date=5 March 2025 |agency=ilsole24ore.com |publisher=ilsole24ore.com |date=5 March 2025}}</ref><ref>{{cite news |title=Tim torna in utile senza la rete: nel secondo semestre utile di 139 milioni. Gli ostacoli per Cvc sul dossier |url=https://www.milanofinanza.it/news/tim-torna-in-utile-senza-la-rete-nel-secondo-semestre-utile-di-139-milioni-gli-ostacoli-per-cvc-sul-202503051902168284?refresh_cens |access-date=5 March 2025 |agency=milanofinanza.it |publisher=milanofinanza.it |date=5 March 2025}}</ref> ====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.<ref>{{cite news |title=Tim, la mossa a sorpresa di Vivendi: venduto sul mercato il 5% del gruppo tlc |url=https://www.milanofinanza.it/news/tim-la-mossa-a-sorpresa-di-vivendi-venduto-sul-mercato-il-5-del-gruppo-tlc-202503211934439884 |access-date=22 March 2025 |agency=milanofinanza.it |publisher=milanofinanza.it |date=22 March 2025}}</ref> On March 28, 2025, Poste Italiane buys 15% of Tim from the share held by [[Vivendi]] and increases the previous share held to 24.8%. The portion of the shares purchased by [[Poste Italiane]] cost approximately 684 million at 0.2975 euros per share. With this stock transaction, Poste Italiane becomes the majority shareholder of TIM Group.<ref>{{cite news |title=Poste compra il 15% di Tim da Vivendi e sale al 24,8%. Cosa cambia per il colosso delle tlc |url=https://www.milanofinanza.it/news/poste-compra-il-15-di-tim-da-vivendi-e-sale-al-24-8-cosa-cambia-per-il-colosso-delle-tlc-202503291933176018 |access-date=29 March 2025 |agency=milanofinanza.it |publisher=milanofinanza.it |date=29 March 2025}}</ref> ====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 [[Ministry of Economy and Finance (Italy)|MEF]]-Retelit consortium is completed. The transaction is expected to be concluded by the last quarter of 2025.<ref>{{cite news |title=Tim, Mef e Retelit firmano l’accordo per la cessione di Sparkle: operazione da 700 milioni |url=https://www.milanofinanza.it/news/tim-mef-e-retelit-firmano-l-accordo-per-la-cessione-di-sparkle-operazione-da-700-milioni-202504141835094382 |access-date=15 April 2025 |agency=milanofinanza.it |publisher=milanofinanza.it |date=14 April 2025}}</ref> == Main shareholders == The main [[shareholder]]s of TIM Group on 15 October 2024 are:<ref>{{cite web |title=Telecom Italia |url=https://www.borsaitaliana.it/borsa/azioni/profilo-societa-dettaglio.html?isin=IT0003497168&lang=en |website=borsaitaliana.it |access-date=15 January 2025}}</ref> {| class="wikitable" |- ! Name !! % |- | [[Vivendi]] || 23,75 % |- | [[Cassa Depositi e Prestiti]] || 9,81 % |- | Foreign institutional investors || 40,64 %<ref>{{cite news |title=Tim, l'anomalia che imbarazza Consob |url=https://www.ilgiornale.it/news/economia/tim-lanomalia-che-imbarazza-consob-2420120.html |access-date=15 January 2025 |agency=ilgiornale.it |publisher=ilgiornale.it |date=8 January 2025}}</ref> |- | Other shareholders || 20,84 % |- | Istituzionali italiani || 4,33 % |- | Own shares || 0,63 % |} ==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.<ref>{{cite web|url=https://g1.globo.com/pr/parana/noticia/2012/08/tim-derruba-os-sinais-de-clientes-de-forma-proposital-aponta-relatorio.html |title=G1 – TIM derruba os sinais de clientes de forma proposital, aponta relatório – notícias em Paraná |date=7 August 2012 |publisher=G1.globo.com |access-date=2012-08-17}}</ref> 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.<ref>{{cite web|url= https://g1.globo.com/pr/parana/noticia/2012/08/ministerio-publico-pede-suspensao-de-venda-de-chips-da-tim-no-parana.html |title= G1 – Ministério Público pede a suspensão de venda de chips da TIM no Paraná – notícias em Paraná |date= 6 August 2012 |publisher= G1.globo.com |access-date= 2012-08-17 }}</ref> In 2013, TIM was accused by consumers of unfair practices, such as charging 4 euros with a particular New Flat Day Free tariff.<ref>{{cite web|url=https://www.latecnosfera.com/2013/05/ecco-come-tim-frega-3-o-4-euro-ai-suoi.html|title=Ecco come Tim frega 4 euro al rinnovo delle promozioni - Tecnosfera|date=30 May 2013}}</ref> ==Operations== The Telecom Italia Group provides phone landline services and mobile services in Italy, GSM mobile phone services in Italy and Brazil through its [[Telecom Italia Mobile|TIM]] and [[TIM Brasil]] [[Subsidiary|subsidiaries]], and [[DSL]] Internet and telephony services in Italy and [[San Marino]] (through [[Telecom Italia San Marino]]). It also operates in international [[telecommunications service]]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 €.<ref name="ilfattoquotidiano.it">{{cite web|url=https://www.ilfattoquotidiano.it/2014/03/25/telecom-patuano-prepara-la-guerra-a-fossati-in-ballo-ce-uno-stipendio-da-1-milione/926469/|title=Telecom, Patuano prepara la guerra a Fossati. In ballo c'è uno stipendio da 1 milione - Il Fatto Quotidiano|author=Costanza Iotti|work=Il Fatto Quotidiano|date=25 March 2014 |access-date=2015-04-21}}</ref> Telecom Italia has 66,025 employees. Telecom Italia also controls [[Olivetti]], 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 mobile phone|prepaid]]" segment Telecom Italia owned a 31.5% market share together with [[Vodafone]].<ref>{{cite web|url=https://www.agcom.it/documents/10179/1734740/Allegato+24-7-2014/d7ff11cd-3f3e-4742-b121-75f4e9ae8d34?version=1.0|title=Osservatorio Trimestrale sulle Telecomunicazioni |publisher=Agcom.it}}</ref> After the merger of [[3 Italy]] and [[Wind Telecomunicazioni|Wind]], 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 [[Vodafone Italy|Vodafone]] with 25 million customers.<ref>{{cite web|url=http://www.pyramidresearch.com/about-us/media-center/press-releases/the-merger-wind-3-italia-may-unlock-convergence-opportunities/?ref=search|title=Pyramid Research - The merger Wind-3 Italia may unlock convergence opportunities|website=www.pyramidresearch.com}}</ref> Telecom Italia has preserved its leadership on the direct fixed access lines market and the mobile postpaid segment.<ref>{{Cite web|url=https://st.ilsole24ore.com/art/finanza-e-mercati/2015-08-06/tlc-siglate-nozze-wind-e-3-italia-145750.shtml?uuid=ACn8Hwd|title=Tlc, nozze tra Wind e 3 Italia. Fusione da 6,4 mld per il nuovo leader del mercato mobile|website=Il Sole 24 ORE}}</ref> ===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> ===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. <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'è 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 €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> ==Environmental practices and initiatives== In 2002, Telecom Italia subscribed to the [[United Nations]] [[Corporate social responsibility|corporate responsibility]] initiative [[The Global Compact|Global Compact]].<ref name="SR2009">{{cite journal |url=http://www.telecomitalia.it/content/dam/telecomitalia/en/archive/documents/sustainability/sustainability_reports/2009/Bilancio_sostenibilita_ENG_2009.pdf |title=Sustainability Report 2009 |access-date=27 July 2010 |journal=Telecom Italia |archive-url=https://web.archive.org/web/20100705121258/http://www.telecomitalia.it/content/dam/telecomitalia/en/archive/documents/sustainability/sustainability_reports/2009/Bilancio_sostenibilita_ENG_2009.pdf |archive-date=5 July 2010}}</ref> It is also member of a number of stock market indexes which include companies focused on corporate social responsibility, including the [[Dow Jones Sustainability Index]]es and those administered by [[FTSE Group]]'s [[FTSE4Good]]. Its part-owned Brazilian subsidiary, [[TIM Brasil]], is listed in the [[BM&F Bovespa|Bovespa]]'s ISE (Índice de Sustentabilidade Empresarial) index.<ref>{{cite web |url=https://ri.tim.com.br/Show.aspx?IdMateria=2qNyWOWlMW4SUKaEph3e1Q== |title=Notice Bovespa ISE |access-date=29 April 2013 |work=TIM Participações S.A. |archive-url=https://archive.today/20130616004043/http://ri.tim.com.br/Show.aspx?IdMateria=2qNyWOWlMW4SUKaEph3e1Q== |archive-date=16 June 2013}}</ref> Telecom Italia promotes a [[sustainability]] strategy including both environmental and social issues: in June 2014 it signed an agreement with [[A2A]] to buy energy only from [[renewable sources]].<ref>{{cite news |url=http://www.telecomitalia.com/tit/en/archivio/media/comunicati-stampa/telecom-italia/corporate/istituzionale/2014/06-23.html?ref=search |title=Telecom Italia signs an agreement with A2A to buy energy only from renewable sources |archive-url=https://web.archive.org/web/20150924114706/http://www.telecomitalia.com/tit/en/archivio/media/comunicati-stampa/telecom-italia/corporate/istituzionale/2014/06-23.html?ref=search |archive-date=24 September 2015 |date=23 June 2014 |access-date=16 May 2022 |work=Telecom Italia}}</ref> == Logo history == === Telecom Italia === <gallery> 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 </gallery> === TIM === <gallery> 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 </gallery> ==See also== * [[Infrastrutture Wireless Italiane]] * [[STET – Società Finanziaria Telefonica]] * [[Telecom Italia San Marino]] * [[Telecom Italia Tower (Naples)]] * [[TIM Brasil]] * [[TIMvision]] ==References== {{reflist}} ==External links== {{Commons category}} * {{Official website|}} {{Telecom Italia}} {{Vivendi}} {{FTSE MIB companies}} {{Olivetti}} {{Open Handset Alliance Members}} {{Major telecommunications companies}} {{Italian mobile phone companies}} {{Portal bar|Italy|Companies|Telecommunications}} {{Authority control}} [[Category:TIM Group| ]] [[Category:Telecommunications companies of Italy]] [[Category:Mobile phone companies of Italy]] [[Category:Companies based in Rome]] [[Category:Telecommunications companies established in 1994]] [[Category:Italian companies established in 1994]] [[Category:Companies formerly listed on the New York Stock Exchange]] [[Category:Privatized companies of Italy]] [[Category:Italian brands]] [[Category:Vivendi]] [[Category:Bolloré]] [[Category:Companies in the FTSE MIB]]
Edit summary
(Briefly describe your changes)
By publishing changes, you agree to the
Terms of Use
, and you irrevocably agree to release your contribution under the
CC BY-SA 4.0 License
and the
GFDL
. You agree that a hyperlink or URL is sufficient attribution under the Creative Commons license.
Cancel
Editing help
(opens in new window)
Pages transcluded onto the current version of this page
(
help
)
:
Template:Authority control
(
edit
)
Template:Citation needed
(
edit
)
Template:Cite book
(
edit
)
Template:Cite journal
(
edit
)
Template:Cite news
(
edit
)
Template:Cite web
(
edit
)
Template:Cleanup-rewrite
(
edit
)
Template:Commons category
(
edit
)
Template:Dead link
(
edit
)
Template:FTSE MIB companies
(
edit
)
Template:Infobox company
(
edit
)
Template:Italian mobile phone companies
(
edit
)
Template:Major telecommunications companies
(
edit
)
Template:Official website
(
edit
)
Template:Olivetti
(
edit
)
Template:Open Handset Alliance Members
(
edit
)
Template:Portal bar
(
edit
)
Template:Reflist
(
edit
)
Template:Short description
(
edit
)
Template:Telecom Italia
(
edit
)
Template:Use dmy dates
(
edit
)
Template:Vivendi
(
edit
)