When was Telecom Italia founded?

Telecom Italia was founded in 1994 and raised its 1st funding round 21 years after it was founded.

Where is Telecom Italia located?

Telecom Italia is headquartered in Rome, Italy.

How many employees does Telecom Italia have?

As of Dec 31, 2017, the latest employee count at Telecom Italia is 59429.

Is Telecom Italia a funded company?

Telecom Italia is a funded company, having raised an undisclosed amount across 11 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Apr 28, 2015.

When was the latest funding round of Telecom Italia?

Telecom Italia's latest funding was a $***** Post IPO round on Mar 01, 2019, with participation from 1 investor.

Where does Telecom Italia rank among its competitors?

Telecom Italia ranks 12th amongst 3611 active competitors, of which 51 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was AT&T, which secured $42.3M in Feb, 2024.

Who are the top competitors of Telecom Italia?

Telecom Italia's top competitors include T-Mobile, MTN and Verizon. Among them, AT&T secured the most recent funding round in February, 2024.

Telecom Italia - 2026 Company Profile, Team, Funding & Competitors

Company Details

Telecom Italia dba TIM provides integrated telecommunication services to the residential as well as business customers in Italy. Its services include 4G mobile communication (voice, data), fixed-line broadband internet (fiber-optic, ADSL), fixed-line telephone, and digital cable TV. In 2016, Telecom Italy merged all its telecom operations under TIM brand and relaunched new branding with a focus on digitalization. In addition, Telecom Italia controls Olivetti, a manufacturer of computer peripherals and mobile phones. In 2023, the company recorded annual revenues of $16.59B and a net loss of $3.07B.

Website: telecomitalia.com
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Key Metrics

Founded Year

1994

Location

Rome, Italy

Stage

Public

Latest Funding Round

Post IPO, Mar 01, 2019, $*****

Investors

Elliott Management & 4 more

Ranked

12^th among 3611 active competitors

Employee Count

59,429 as on Dec 31, 2017

Investment & Acquisitions

Webidoo & 12 more

Similar Companies

T-Mobile & 4080 more

Exit Details

Public

View Telecom Italia's full profile

Telecom Italia got listed on Feb 13, 1987.

Click here to take a look at Telecom Italia's IPO in detail

Telecom Italia has raised funding over 11 rounds. Its first funding round was on Apr 28, 2015. Its latest funding round was a Post IPO round on Mar 01, 2019 for $*****. 1 investor participated in its latest round. Telecom Italia has 5 institutional investors.

Here is the list of recent funding rounds of Telecom Italia:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 01, 2019	8232933	Post IPO	3998335	2436929	2598601	6663088
Apr 2018	6306182	Post IPO	1254335	5558072	7388836	Elliott Management
Mar 11, 2016	8773355	Post IPO	2011943	1509811	9407410	Vivendi & 1 more

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View details of Telecom Italia's funding rounds and investors

Telecom Italia's employee count trend

Telecom Italia has 59,429 employees as of Dec 17. Here is Telecom Italia's employee count trend over the years:

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Top competitors of Telecom Italia include T-Mobile, MTN and Verizon. Here is the list of Top 10 competitors of Telecom Italia, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	T-Mobile 1994, Bellevue (United States), Acquired	Provider of mobile telecommunication services	-	Alcor Fund, Credit Agricole CIB & 16 others	84/100
2nd	MTN 1994, Fairland (South Africa), Public	Provider of mobile network services	$7.05M	Barclays Bank of Uganda, KCB Group & 38 others	81/100
3rd	Verizon 1983, New York City (United States), Public	Provider of mobile and internet services for home & business	-	Gibson Wealth Advisors, Morton Brown Family Wealth ... & 16 others	81/100
4th	Optus 1981, North Ryde (Australia), Acquired	Provider of mobile internet services for home and offices	$19.7M	Australian Wildlife Conservancy, Temasek	80/100
5th	Telia Company 1853, Solna (Sweden), Acquired	Provider of integrated telecom and TV services	-	Norvestia, Europa	80/100
6th	Zain Group 1983, Kuwait City (Kuwait), Public	Telecom services provider	-	IFC, Arab Bank & 2 others	79/100
7th	Vodafone 1982, Newbury (United Kingdom), Public	Virtual card-linked wallet for consumer payments	-	Coast Capital, Elliott Management & 11 others	78/100
8th	AT&T 1876, Dallas (United States), Public	Provider of mobile internet, TV, and other services	-	J.L. Bainbridge & Company, Elliott Management ... & 12 others	78/100
9th	SK Telecom 1984, Seoul (South Korea), Public	Provider of integrated telecommunication services	-	Deutsche Bank, Barclays & 4 others	77/100
10th	Proximus Group 1994, Brussels (Belgium), Public	Provider of telephony, internet, television and network-based ICT services	-	Expon Capital & 3 others	77/100
12th	Telecom Italia 1994, Rome (Italy), Public	Integrated telecom service provider	-	Elliott Management, CDP Equity & 3 others	77/100

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Telecom Italia has made 8 investments in companies including Webidoo and Satispay. Telecom Italia has also acquired 5 companies including Noovle and 4G Retail.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Oct 20, 2023	Investments	Webidoo		Milan (Italy)
Nov 19, 2020	Investments	Satispay	2013	Milan (Italy)
Aug 08, 2020	Investments	Welingkar Institute of Management	1977	Mumbai (India)