TIM targets quad-play sector with EUR4.5bn investment

6 Sep 2016

Telecom Italia, which now offers all services under the TIM brand, has set aside EUR4.5 billion (USD5.1 billion) to develop its 4G and fibre-optic networks between 2016 and 2018. The firm says its fibre infrastructure will reach 14 million homes by the end of this year and 84% of homes by end-2018, while its 4G networks currently cover 6,290 towns and cities and will be expanded to offer 98% population coverage by the end of 2018. The telco says it is also looking to ramp up its ‘TIM Smart’ quad-play packages of fixed and mobile voice, data and TV services, while expanding its presence in the gaming sector via TIMgames which will offer over 100 games accessible via streaming on TV.

Telecom Italia’s CEO, Flavio Cattaneo, commented: ‘TIM aims to strengthen its leadership through the new offers, new products and new services: we are working on efficiency to improve the processes and ensure we have the flexibility that allows us to accelerate on the top line, on revenue generation. We have a portfolio of offers and products that will gradually be strengthened, exclusive partnerships and quality content, but above all we want to bring the customer back to the centre of all our actions, further improving the quality and services.’

The Italian mobile market is set for a major shake-up following the recent approval of the merger of number three and four players Wind and 3 Italia, which will create an operator large enough to leapfrog TIM and Vodafone to take top spot in the wireless sector. Meanwhile, the merging parties have agreed to sell a package of spectrum and physical assets to Iliad, enabling the French firm to launch as a new mobile network operator (MNO) in Italy.

Italy, Telecom Italia (TIM)