en.Wedoany.com Reported - TIM Brasil is evaluating new acquisition opportunities in the mobile network, broadband, and B2B sectors as strategic priorities to accelerate growth in the coming years. Even as the battle for control of the operator in Italy continues, the Brazilian subsidiary remains committed to its established agenda of expanding broadband and enterprise services through acquisitions. CEO Alberto Griselli stated that the company remains active in M&A, monitoring opportunities in mobile networks, broadband, and B2B—areas considered to have the greatest growth potential. He also noted that the favorable macroeconomic environment and the operator's healthy balance sheet support this strategy.

In recent months, TIM Brasil has made progress on two different integration fronts. In January 2026, the operator completed the acquisition of V8.Tech, a company focused on digital services and artificial intelligence, in a deal valued at 140 million Brazilian reais, with an earn-out mechanism that could increase the value to 280 million reais over six years. In May 2026, the company repurchased IHS Brasil's stake in I-Systems, its neutral network company, for 947 million reais. Despite a strong appetite for acquisitions in the market, Griselli indicated that it would be difficult to announce new deals within the year, and any new developments are likely to wait until 2027, as the M&A process is time-consuming, and the acquisitions completed in 2026 were actually initiated as early as 2025.

Regarding the battle for control in Italy, Poste Italiane is already TIM's largest single shareholder, holding approximately 20% of ordinary shares. Its takeover offer for Telecom Italia has been approved by shareholders, advancing the process for the Italian state-owned enterprise to take full control of the group. If the transaction is completed, the company would return to state ownership after nearly 30 years of privatization. The public tender and exchange offer stipulates a payment of 1.67 euros per Telecom Italia share, plus 0.218 euros in Poste Italiane shares for each operator share. The offer was unanimously approved by TIM's board of directors and cleared by the Italian Securities and Exchange Commission (Consob), with the acceptance period for shareholders running until September 11. Poste Italiane has set the condition for the offer's effectiveness at obtaining at least 66.67% of shares, but its stated goal is to acquire all shares and delist TIM from the Milan Stock Exchange. When the offer was launched in March, Poste Italiane's bid was estimated at 10.8 billion euros, but the appreciation of Poste Italiane shares used as a payment instrument has raised the transaction value to over 13 billion euros.

In terms of financial performance, TIM Brasil reported net revenue of 6.8 billion Brazilian reais in the first quarter of 2026, up 6.5% year-over-year. EBITDA reached 3.3 billion reais, an increase of 6.6%; net profit rose 1.3% to 821 million reais, driven by growth in postpaid subscribers and expansion in enterprise services and broadband revenue. In Italy, the business reported revenue of 3.3 billion euros in the first quarter of 2026, up 1.4% year-over-year, impacted by a decline in revenue from virtual mobile operators. However, the net loss widened from 124 million euros to 292 million euros, due to extraordinary expenses related to layoff plans and provisions.