Strong Financial Performance in Q3 2025
TIM delivered a solid operational and financial performance in Q3 2025, with total revenues up 2% to 3% year-on-year and service revenue growing 3%. EBITDA after lease increased 5% to 3%, and equity free cash flow confirmed a structural improvement versus last year.
Successful Bond Issuance
In September, TIM successfully issued a EUR 500 million bond with the lowest spread in the past 15 years for TIM, receiving demand six times the offer, indicating strong investor confidence.
Robust Growth in Brazil
TIM Brazil delivered strong results with consistent growth and improved cash generation, maintaining its leadership in 5G coverage now reaching over 1,000 cities.
Progress in Strategic Partnerships
TIM strengthened its partnership with Poste Italiane, launching TIM Energia powered by Poste and signing a letter of intent to establish a joint venture focused on cloud and AI, positioning TIM and Poste as leaders in Italy's digital transformation.