Telecom Italia Group (TIM Group) has launched its restructured TIM Enterprise business unit as part of a planned spin-off. The division serves large enterprise and public administration customers in Italy, offering a range of connectivity, Cloud, IoT and cybersecurity solutions.
The head of TIM Enterprise, Elio Schiavo, commented: ‘We are the largest ICT platform in Italy and we want to consolidate our leadership in all the market sectors in which we operate. Keeping all our people around a single project will allow us to seize enormous opportunities and become protagonists in the digitalisation process of the country.’
In March 2022 CVC Capital Partners made a non-binding expression of interest to acquire a minority stake in the enterprise services division. Later that year TIM was still hoping to attract investors.