Telecom Italia TIT.MI
Telecom Italia (TIM) is Italy's leading telecommunications operator, providing fixed and mobile telephony, broadband, and network solutions to consumers and businesses, and is in the process of separating its network from its services business. Telecom Italia shows acceptable financial health (score 7.16) and strong momentum (9.39), but quality is weak (ROE 3.90) and valuation is demanding (P/E 47.59). Board support for Poste's bid and earnings growth are positive, although regulatory and governance risk in Italy is high.
Detailed metrics
Market and fundamental data as of the analysis date.
Full AI report
Generated automatically from the metrics, the macro context and the company's news.
Telecom Italia (TIM) is Italy's leading telecommunications operator, providing fixed and mobile telephony, broadband, and network solutions to consumers and businesses, and is in the process of separating its network from its services business. Telecom Italia shows acceptable financial health (score 7.16) and strong momentum (9.39), but quality is weak (ROE 3.90) and valuation is demanding (P/E 47.59). Board support for Poste's bid and earnings growth are positive, although regulatory and governance risk in Italy is high.
Score by category
| Category | Score |
|---|---|
| Financial health | 7.2 |
| Quality / Moat | 4.3 |
| Valuation | 6.0 |
| Growth | 6.0 |
| Dividend | 1.4 |
| Momentum | 9.4 |
| Risk & Context | 4.7 |
OVERALL SCORE: 5.2/10
Context and risks
High exposure to Italian governance: the state indirectly controls TIM through Caisse des Dépôts and political influence in strategic decisions is a real risk for minority shareholders. The network tariff dispute and Poste's bid, with state participation, underscore political interference in the sector.
News considered in the analysis
- Italian court rejects TIM's precautionary appeal in network tariff dispute — Fallo judicial en contra en una disputa tarifaria de red; riesgo regulatorio material para los ingresos de la red, aunque parcialmente descontado tras la cobertura de la noticia.
- Telecom Italia’s Board Backs Poste Italiane’s Nearly $15 Billion Bid — Respaldo del consejo a una oferta de adquisición de 15 mil millones de dólares; si se completa, podría implicar una prima sobre el precio de mercado y una reestructuración, aunque la probabilidad no es total y parte del optimismo ya está en el precio.
- Telecom Italia shares fall as Poste misses 90% threshold to delist stock — La oferta de Poste no alcanzó el umbral de exclusión, lo que genera incertidumbre sobre el futuro de la cotización; el impacto negativo ya está reflejado en la caída de la acción.
- Telecom Italia SpA (TIIAY) (H1 2026) Earnings Call Highlights: Strong Underlying Growth and ... — Resultados del primer semestre muestran crecimiento subyacente sólido, una señal positiva para el negocio operativo, aunque el mercado ya lo ha descontado parcialmente.
- Telecom Italia reports growth in second quarter earnings — Confirmación de crecimiento en los beneficios del segundo trimestre, consistente con la llamada de resultados; refuerza la visión positiva a corto plazo.
Verdict: Hold; the governance risk premium and regulatory uncertainty offset positive momentum and support for the acquisition bid.
Main risk: Governance risk in Italy: state influence and the network tariff dispute could erode minority shareholder value, despite Poste's bid.
Other Communication Services companies
Neighbours in the sector ranking, to compare without going back to the index.
See all 1,000+ companies in the index →