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The 2023-2025 TIM Group Business Plan

Back to basics

02/25/2023 - 11:35 AM

The TIM Group's new business plan follows the path of transformation that began in 2022 and focuses on returning to core business goals: creating value and being efficient.

The path is the one already mapped out at the Capital Market Day last July, which focuses on overcoming the vertical integration model to seize new opportunities and give impetus to four market strands, with greater focus: large customers, the consumer segment, the network, and Brazil.

Over the period of the plan, the Enterprise business is where we expect the most growth, driven by our leadership in Internet of Things and cyber security, but especially in the cloud, where we improved our results by 50 per cent last year.

On the Consumer side, we will make our operating model leaner and more efficient and focus on the quality and reliability of service.

With NetCo we will continue to connect Italy with FTTH fibre and 5G mobile ultra-broadband.  The path taken towards the separation of the Network will also maximise the value of the asset in the interest of all shareholders.

Finally, in Brazil, we will maintain our focus on a value and growth strategy also through the integration of Oi's assets.

Thanks to the results already achieved, we have solidly faced the generalised worsening of the macroeconomic environment, and we anticipate a further acceleration on Group-wide targets, both from a financial and sustainable development perspective, an integral and functional part of our business results.