Moody's lifts rating for Telecom Italia stock as Poste nears 87 percent

Published on 10/15/2026 at 11:27 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Moody's moved the rating from Ba1 to Baa3 on October 9, 2026. A November 10, 2026 results date is the next test for Telecom Italia stock.

Ownership drives the rating change

Moody's raised Telecom Italia's rating to Baa3 from Ba1 on October 9, 2026, as Poste Italiane held 87 percent.
Second-quarter revenue reached EUR 3.51 billion, up 4.30 percent year over year, while net income was EUR 104.0 million.
Telecom Italia stock was at EUR 5.68 at 11:10 a.m. CEST on October 15, 2026, on Borsa Italiana.

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Telecom Italia (ISIN IT0003497168) had its issuer rating raised from Ba1 to Baa3 on October 9, 2026, as Poste Italiane's stake reached about 87 percent. Teleborsa reported that Moody's also assigned a positive outlook.

Credit quality follows ownership

The rating action reflects Telecom Italia's new position within a larger ownership structure. Poste Italiane held about 87 percent of TIM after the tender offer and additional market purchases, while the indirect state stake in TIM was about 45 percent, according to Teleborsa. For investors, the upgrade addresses credit standing rather than quarterly operating performance.

What does Baa3 mean for operations?

The answer depends on the next financial update. Telecom Italia reported second-quarter revenue of EUR 3.51 billion, up 4.30 percent from the second quarter of 2025, and net income of EUR 104.0 million, versus EUR 13.0 million a year earlier, according to Simply Wall St. The figures give the rating story an operating checkpoint, while the company still has to show that stronger credit conditions translate into durable cash generation.

Three dated milestones

On July 31, 2026, Telecom Italia's second-quarter revenue reached EUR 3.51 billion, with net income of EUR 104.0 million, according to Simply Wall St. On October 6, 2026, TIM set November 10, 2026 for its board review of financial statements covering the period ended September 30, 2026, according to TIM. On October 9, 2026, Moody's raised the rating from Ba1 to Baa3, with a positive outlook, as reported by Teleborsa.

Next dates for shareholders

The next two substantiated dates are November 10, 2026, for the board review of third-quarter financial information, and November 11, 2026, for the results conference call. TIM published both dates in its October 6, 2026 financial-calendar update.

Stock price and valuation context

Telecom Italia was at EUR 5.68 at 11:10 a.m. CEST on October 15, 2026, on Borsa Italiana. Its market capitalization was EUR 12.1 billion on the same date, while the 52-week range stood at EUR 4.66 to EUR 8.19.