TIM's Business Plan - The Journey
Find out the key points of the new TIM. Read more
Q3/9M 2024 Financial Results
On November 14 2024, TIM management presented Q3/9M 2024 Financial Results approved by the Board of Directors. Find information
Sustainability for TIM
We want to help accelerate the sustainable growth of the economy and society by bringing value and prosperity to people, companies and institutions. Read more
Latest press releases
Read the latest press releases and search the archives of TIM Group's Press Office. Read more
07/03/2007 - 09:09 PM
Telecom Italia today finalized the transfer to Saudi Oger of its 10.36% stake in Oger Telecom, held through TIM International, for a total price of$477 million. The agreement also includes the removal of a Telecom Italia commitment for $150 million.
The operation will result in a reduction of approximately 470 million euro in the net financial position of Telecom Italia Group and will have a positive impact of 90 million euro on the profit and loss.
Milan, July 3, 2007