(Alliance News) - TIM has initiated discussions with Nvidia for a potential partnership in Italy, as revealed by CEO Pietro Labriola and Elio Schiavo, head of TIM Enterprise, during the post-quarterly earnings call, according to MF-Milano Finanza on Friday.
The executives referenced Nvidia's USD1 billion agreement with Deutsche Telekom for an AI facility and explained that telecom infrastructures--from networks to data centers--will be pivotal in upcoming technological advancements. Schiavo emphasized that emerging technologies will require a "home" and networks capable of transferring data at ultra-high speeds, adding that TIM is assessing the scale of investments and opportunities, with talks still preliminary but concrete.
Labriola reiterated that connectivity is essential to enable computing power, and that TIM, thanks to low latency, uplink capabilities, and an extensive backbone, is well positioned to collaborate with Nvidia in Italy. The call also addressed results, synergies with Poste, earn-outs, consolidation, and progress on the sale of Sparkle.
Labriola described the performance as "solid," noting that year-to-date results are in line with the budget and that guidance remains confirmed. Outgoing CFO Adrian Calaza, replaced by Piergiorgio Peluso, stated that the group is on track or "even able to exceed" the target of EUR500 million in equity free cash flow after lease for the fiscal year.
TIM has also returned to the debt markets with a EUR500 million bond, which received "an exceptional response." Labriola expressed optimism about the earn-out linked to a possible Open Fiber-Fibercop combination as well as the sector's consolidation prospects. The CEO explained that closing for the sale of Sparkle is expected in early 2026. Regarding synergies with Poste, executives referred to the new industrial plan, while indicating that TIM Enterprise is considering savings through joint purchasing.
By Antonio Di Giorgio, Alliance News reporter
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