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Investing.com -- On Tuesday, Telecom Italia (BIT:TLIT) (TIM) reported a 2.7% year-on-year increase in group revenues to €6.6 billion for the first half of 2025, driven by growth in its Brazilian operations and resilient domestic performance.
Group EBITDA after leases rose 5% to €1.7 billion, with TIM Brasil contributing €0.8 billion, up 6.1% from a year earlier, supported by strong operational execution and rising margins.
Domestic EBITDA after leases climbed 4.2% to €1.0 billion, while revenues in Italy increased 1.6%, helped by higher service revenues and cloud growth.
TIM confirmed its full-year financial targets, including a ~7% rise in core profit and a return to cash generation.
The company appointed Piergiorgio Peluso as its new Chief Financial Officer, effective November 6, confirming previous reports.
Peluso previously served as TIM CFO until 2019 and currently holds the same role at Autostrade per l’Italia. He replaces Adrian Calaza.
Mobile ARPU in the Consumer segment rose 1.4% year-on-year in the second quarter, while the 2025 repricing campaign affected around 5.7 million fixed and mobile lines with a lower-than-expected churn impact.
In the Enterprise unit, service revenues rose 6.2%, supported by cloud services, which now account for 41% of service revenue.