TIM Group (TIAOF.PK), formerly known as Telecom Italia SpA, reported that its third quarter group EBITDA increased by 7.6% year-on-year to 1.1 billion euros.
Group EBITDA After Lease also increased 7.6% year-on-year to 0.9 billion euros.
Group total revenues for the third quarter were 3.6 billion euros, up by 3.2% year-on-year. Service revenues rose by 4.3% to 3.4 billion euros from the prior year.
TIM confirmed the guidance provided to the market for the current year.
The Group's adjusted net financial debt after lease as at September 30, 2024 was below 8 billion euros, down by more than 0.1 billion euros compared to the value immediately following the completion of the sale of NetCo.
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Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.