Overview
- CEO Matteo Del Fante said retail integration began on September 29 with Poste’s electricity and gas offers now sold in major TIM stores, and the next focus will be enterprise clients.
- Poste will not take a seat on TIM’s board despite a vacancy created by the resignation of independent director Domitilla Benigni.
- The state’s planned 14% sell‑down remains on hold, and the company noted it has received no new instructions from the Ministry of Economy, leaving MEF and CDP as controlling shareholders.
- Poste closed at €20.68, a record, valuing the group at about €27 billion, after distributing more than €7 billion in dividends since its 2015 IPO.
- Del Fante said moving roaming for about 5 million Poste mobile users onto TIM’s network could generate roughly €20 million in savings for Poste and over €100 million in revenue for TIM.