On the Record · TIM
TIM acquisitions, on the record
The businesses TIM bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Noverca S.r.l.Word for word“Noverca S.r.l.— Domestic Business Unit: 100% of the company acquired by TIM S.p.A. on October 28, 2016;” 20-F for 2016 | acquisition | October 28, 2016 | — |
Sofora—Telecom Argentina groupWord for word“Sofora—Telecom Argentina group: classified under Discontinued operations (discontinued operations/non-current assets held for sale). The company was sold on March 8, 2016; and” 20-F for 2016 | divestiture | March 8, 2016 | — |
Revi Immobili S.r.l., Gestione Due S.r.l. and Gestione Immobili S.r.l.Word for word“Revi Immobili S.r.l., Gestione Due S.r.l. and Gestione Immobili S.r.l.—Domestic Business Unit: on January 11, 2016, INWIT S.p.A. acquired 100% of both companies, subsequently merged by incorporation in INWIT, which therefore entered the Group’s consolidation scope.” 20-F for 2016 | acquisition | January 11, 2016 | — |
Alfabook S.r.l.Word for word“Alfabook S.r.l.— Domestic Business Unit: on July 1, 2015 Telecom Italia Digital Solutions S.p.A. acquired 100% of Alfabook S.r.l., which consequently entered the Group’s scope of consolidation;” 20-F for 2016 | acquisition | July 1, 2015 | — |
non-controlling interest in SIA S.p.A.Word for word“In 2015, this item showed a positive balance of 10 million euros and was mainly related to the gain from the sale of the non-controlling interest in SIA S.p.A., which took place on July 10, 2015.” 20-F for 2016 | divestiture | July 10, 2015 | — |
telecommunications towers sold to American Tower do BrasilWord for word“In 2015, this item amounted to 336 million euros and was mainly attributable to the gain of 1,211 million reais (approximately 328 million euros) realized by the Brazil Business Unit from the sale of the first three tranches of telecommunications towers to American Tower do Brasil.” 20-F for 2016 | divestiture | — | 1,211 million reais (approximately 328 million euros) |
Wind and H3GWord for word“Wind Tre resulted from the merger of Wind and H3G, which was authorized by regulatory bodies subject to certain structural “corrective measures”, including the sale of frequencies and signature of a roaming contract, and which cleared the way for French operator Iliad to enter the Italian market as the fourth mobile infrastructured player alongside TIM, Vodafone and Wind Tre.” 20-F for 2017 | merger | — | — |
Read from TIM’s annual reports (20-F for 2018, 20-F for 2017, 20-F for 2016) and the financial data it files with the SEC, as of 2019-04-16. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.