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TIM Group

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Telecom Italia S.p.A.
Company typePublic (BIT: TIT, NYSE: TI)
IndustryTelecommunications, media, manufacturing
Founded1994
FounderIRI - STET
HeadquartersRome, Italy
Key people
Franco Bernabè (CEO), Gabriele Galateri di Genola (Chairman of the board)
ProductsFixed line and mobile telephony, internet, IT services, television broadcasting
Revenue€30.16 billion (2008)[1]
Increase €5.463 billion (2008)[1]
Increase €2.214 billion (2008)[1]
Number of employees
55,000 (2010)[1]
SubsidiariesTelecom Italia Mobile, Telecom Italia Media (69%), Olivetti
Websitewww.telecomitalia.com

Telecom Italia (BIT: TIT, NYSE: TI) is the largest Italian telecommunications company, also active in the media and manufacturing industries. Now a private concern listed on the Borsa Italiana, it was founded in 1994 by the merger of several state-owned telecommunications companies, the most important of which was Società Italiana per l'Esercizio Telefonico (known as SIP in line with the earlier Società Idroelettrica Piemontese), the monopoly telephone operator in Italy.

The company operates landline telephone services in Italy, GSM mobile phone services in Italy and Brazil through its TIM subsidiary, and DSL internet and telephony services under the brand Alice in Italy, Germany,[2] France, San Marino and the Netherlands. It also owns a stake in Telecom Argentina. Telecom Italia also controls one of the main Italian television companies, Telecom Italia Media, and owns Olivetti, the manufacturer of computer peripherals and other hardware.

References

  1. ^ a b c d "Annual Report 2008". Telecom Italia. Retrieved 2009-08-29.
  2. ^ "Company history". Retrieved 2008-08-08.

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