TIM Group
TIM Group's headquarters in Rome, Italy | |
| Formerly | Telecom Italia S.p.A. (1994–2016) |
|---|---|
| Company type | Public |
| BIT: TIT BIT: TITR FTSE MIB | |
| ISIN | IT0003497168 IT0003497176 |
| Industry | Telecommunications |
| Predecessor | SIP |
| Founded | 27 July 1994 |
| Founder | IRI |
| Headquarters | , Italy |
Area served | Italy |
Key people |
|
| Products |
|
| Revenue | €16.296 billion (2023)[2] |
| €−1.107 billion (2023) | |
| Total assets | €69.19 billion (2021) |
| Total equity | €17.41 billion (2021) |
| Owners |
|
Number of employees | 51,929 (end 2021) |
| Subsidiaries | List
|
| Website | 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), which provides fixed, public and mobile telephony, and DSL data services.[8][9]
It is the largest Italian telecommunications services provider in revenues and subscribers. It was founded in 1994 by the merger of several state-owned telecommunications companies, the most prominent of which was SIP, the former state monopoly telephone operator in Italy.[10][11][12]
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,[13] with 72.6 million customers.[14] The brand covers over 114 million customers worldwide.[15]
As April 2024, Net sales are distributed geographically as follows: Italy (72.9%) and Brazil (27.1%).
- ^ "Salvatore Rossi - Presidente Telecom Italia | Gruppo TIM". Telecomitalia.com. Retrieved 22 November 2019.
- ^ "Telecom Italia". borsaitaliana.it. Retrieved 1 August 2024.
- ^ "Significant Shareholdings | TIM Group". www.telecomitalia.com. Retrieved 23 April 2020.
- ^ 99.9999% owned indirectly through Telecom Italia Finance
- ^ 99.9999% owned indirectly through Telecom Italia Sparkle
- ^ through Telecom Italia San Marino
- ^ "AnnualReport2016.PDF" (PDF). www.telecomitalia.com. Retrieved 24 September 2017.
- ^ "Legal notes". TIM Group. Retrieved 9 November 2019.
- ^ "Profile". TIM Group. Retrieved 9 November 2019.
- ^ "1980s – 1990s". TIM Group. Retrieved 9 November 2019.
- ^ "Business history". archiviostorico.telecomitalia.com (in Italian). Retrieved 28 June 2017.
- ^ Glover, John (1 November 1995). "Italy Invigorated". Multichannel News International. Capital Cities/ABC. p. 28. Retrieved 16 May 2024.
- ^ "Presence in the world". TIM Group. Retrieved 9 November 2019.
- ^ Scott Bicheno (14 January 2016). "Telecom Italia formally unifies brands under TIM name". telecoms.com. Retrieved 24 January 2018.
- ^ "Breaking Barriers to Transform TIM's Brand and Business". Interbrand. Archived from the original on 21 October 2019. Retrieved 24 January 2018.