# Telecom Italia Posts 2.8% Organic Revenue Growth Through September

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/54730
Published: 2026-11-12T01:02:31.000Z
Updated: 2026-11-12T01:02:31.000Z
Section: Business

> Revenue reached €10.44 billion for the nine months ended Sept. 30, 2026, while EBITDA After Lease rose 2.3% organically.

Telecom Italia generated €10.44 billion in revenue during the nine months ended Sept. 30, 2026, as organic growth reached 2.8% and the company reaffirmed its financial targets for 2026.

Revenue was up 4.7% year over year in total and 2.8% on an organic basis. EBITDA After Lease reached €2.84 billion, an organic increase of 2.3%. In the third quarter, revenue and EBITDA After Lease each rose 4.3% organically from a year earlier.

Equity Free Cash Flow After Lease was positive at €818 million for the nine-month period, compared with negative €66 million a year earlier. The 2026 amount includes proceeds from a refund of the 1998 concession fee. TIM expects cash generation to strengthen in the fourth quarter, supported by EBITDA After Lease growth and working capital.

Poste Italiane completed a public tender and exchange offer for Telecom Italia, which came under Poste’s direction and coordination on Sept. 30. Integration work is underway. Poste estimated [potential pretax synergies of about €700 million a year at full scale](<https://www.tokenpost.com/news/business/31334>) and separately estimated about €700 million in one-off pretax costs to realize them.



## Links in this article

- [potential pretax synergies of about €700 million a year at full scale](https://www.tokenpost.com/news/business/31334)
