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Telecom Italia SPA ( (IT:TITR) ) has shared an update.
TIM has agreed with Boost BidCo, a vehicle controlled by Italy’s Ministry of Economy and Finance and partly owned by Retelit, to extend the long-stop date for closing the sale of its wholesale subsidiary Sparkle to 15 October 2026. Despite the extended deadline, the company maintains that completion of the transaction is still expected in the second quarter of 2026, signaling confidence in the deal’s progress while providing additional time to navigate regulatory or closing complexities that could affect execution and governance for the network asset.
The most recent analyst rating on (IT:TITR) stock is a Hold with a EUR0.55 price target. To see the full list of analyst forecasts on Telecom Italia SPA stock, see the IT:TITR Stock Forecast page.
More about Telecom Italia SPA
Telecom Italia, operating under the TIM brand, is a major Italian telecommunications group providing fixed and mobile connectivity, data services, and digital solutions. Through subsidiaries such as Sparkle, it also plays a key role in international wholesale infrastructure, serving carriers and enterprise customers across global networks.
Average Trading Volume: 46,531,146
Technical Sentiment Signal: Buy
Current Market Cap: €14.24B
For a thorough assessment of TITR stock, go to TipRanks’ Stock Analysis page.