Tim collapses on the stock exchange after the words of the CEO of Iliad Thomas Reynaud, who definitively made the hypothesis of consolidation of the telephone sector in Italy, putting a stone to the possibility of aggregation with the former telephone monopolist.
Tim falls on the stock exchange
The Tim shares this morning collapsed on the stock exchange, going to lose 8.7% on the minimum intraday at 0.4145 euros per action, for the loss of speculative appeal, after the words of the Iliad CEO that put an end to any possible integration negotiation. At these levels, the TIM actions are at the minimum of the month, but maintain a 68% rise since the beginning of the year. Intense exchanges for about 357.8 million past actions.
Iliad turns his back on Tim and looks at France
The sudden turn down on the stock exchange was precisely motivated by the comments of the CEO of Iliad, Thomas Reynaud, on the sidelines of the presentation of the quarterly results. The manager of the French telephone operator said he will not continue the negotiations in Italy for an integration with TIM and will instead look at a possible consolidation on the domestic market (France). The talks between TIM and Iliad had run last spring, in the wake of the hesitations of Tim Pietro Labriola’s number one.
“There have been no discussions with Telecom Italia since the beginning of April and they will not resume. The consolidation prospects in Italy are now behind us and the central hypothesis is a market for four operators”
Reynaud clarified.
Iliad instead looks with some interest in France. The manager in fact declared that he had had “very preliminary interviews” in June with the competitor SFR, for a potential aggregation, and that consolidation in France “is not a necessity, it is an opportunity”.
The semester accounts of Iliad
The Iliad group recorded in the first half of the year revenues from 3.8% to 5.09 billion euros, driven by a stable performance in France and the continuous growth of customers in Italy. Ebitdaal also grows, which goes from 1.8 billion euros of 30 June 2024 to over 2 billion euros at the end of June 2025 (+10.1%).
The French telecommunications company is confirmed as leader in the Italian mobile market for net balance of users for the twenty -eight consecutive quarter with 287 thousand new net users, bringing the total of mobile users to 12.1 million. Iliad also continues to grow in the FTTH segment, confirming itself in the first place for growth of net users among the four main Italian Telco operators, with 32 thousand new Fiber users (FTTH), exceeding 421 thousand fiber users. The growth of Iliad in Italy is also reflected in the main financial indicators: the turnover is 603 million euros, an increase of 9.2%, and Ebitdaal stands at 191 million, +29.6% compared to 30 June 2024.
