6-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

FORM 6-K

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15D-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

FOR THE MONTH OF JANUARY 2019

 

 

TIM S.p.A.

(Translation of registrant’s name into English)

 

 

Via Gaetano Negri 1

20123 Milan, Italy

(Address of principal executive offices)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

FORM 20-F  ☒            FORM 40-F  ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):  ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):  ☐

Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

YES  ☐            NO  ☒

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-             

 

 

 

LOGO

Press Release

TIM: Chief Revenue Office established and entrusted to Lorenzo Forina

Rome, 18 January 2019

TIM announces the establishment of the Chief Revenue Office today, entrusted to Lorenzo Forina, who will report directly to the CEO with responsibility for developing the company’s commercial strategy for the entire Consumer/Small Enterprise and Business/Top Clients offering.

Specifically, the new office will be responsible for ensuring, at group level, the operating margin of Retail clients, increasing client value, maximising income, profitability and market share by defining the offering, prices, marketing plans, go-to-market, ICT solution design, commercialisation of products/services and post-sales and care activities.

Lorenzo Forina does not hold company shares.

Curriculum Vitae is attached.

TIM Press Office

+39 06 3688 2610

www.telecomitalia.com/media

Twitter: @TIMnewsroom

TIM Investor Relations

+39 06 3688 2807

www.telecomitalia.com/investor_relations

LOGO

Lorenzo Forina

 

LOGO

Role: Chief Revenue Office

Born in Genoa on 7 January 1973

He has a degree in Mechanical Engineering from the University of Genoa.

In July 2016 he was appointed Head of the Business & Top Clients Department.

In March 2013 he was hired by Telecom Italia SpA as head of the Consumer Marketing department and was tasked with ensuring the development and management of the fixed and mobile ICT services portfolio for individuals and families, the definition of marketing plans and the development and management of the digital market. He was also responsible for oversight of the international roaming business.

In 2009 he moved to the sector of telecommunications for European operators of fixed and mobile telephony, collaborating with the different departments of Telecom Italia SpA.

In 2005 he became a Partner and Head of Retail Practice for Southern Europe.

From 1999 he worked at McKinsey Italy, in the Retail and Telecommunications area.

Cautionary Statement for Purposes of the “Safe Harbor” Provisions of the United States Private Securities Litigation Reform Act of 1995.

The Private Securities Litigation Reform Act of 1995 provides a “safe harbor” for forward-looking statements. The Group’s interim financial report as of and for the nine months ended September 30, 2018 included in this Form 6-K contains certain forward-looking statements. Forward-looking statements are statements that are not historical facts and can be identified by the use of forward-looking terminology such as “believes,” “may,” “is expected to,” “will,” “will continue,” “should,” “seeks” or “anticipates” or similar expressions or the negative thereof or other comparable terminology, or by the forward- looking nature of discussions of strategy, plans or intentions.

Actual results may differ materially from those projected or implied in the forward-looking statements. Such forward-looking information is based on certain key assumptions which we believe to be reasonable but forward-looking information by its nature involves risks and uncertainties, which are outside our control, that could significantly affect expected results.

The following important factors could cause our actual results to differ materially from those projected or implied in any forward-looking statements:

 

  1.

our ability to successfully implement our strategy over the 2018-2020 period;

 

  2.

the continuing effects of the global economic crisis in the principal markets in which we operate, including, in particular, our core Italian market;

 

  3.

the impact of regulatory decisions and changes in the regulatory environment in Italy and other countries in which we operate;

 

  4.

the impact of political developments in Italy and other countries in which we operate;

 

  5.

our ability to successfully meet competition on both price and innovation capabilities of new products and services;

 

  6.

our ability to develop and introduce new technologies which are attractive in our principal markets, to manage innovation, to supply value added services and to increase the use of our fixed and mobile networks;

 

  7.

our ability to successfully implement our internet and broadband strategy;

 

  8.

our ability to successfully achieve our debt reduction and other targets;

 

  9.

the impact of fluctuations in currency exchange and interest rates and the performance of the equity markets in general;

 

  10.

the outcome of litigation, disputes and investigations in which we are involved or may become involved;

 

  11.

our ability to build up our business in adjacent markets and in international markets (particularly in Brazil), due to our specialist and technical resources;

 

  12.

our ability to achieve the expected return on the investments and capital expenditures we have made and continue to make in Brazil;

 

  13.

the amount and timing of any future impairment charges for our authorizations, goodwill or other assets;

 

  14.

our ability to manage and reduce costs;

 

  15.

any difficulties which we may encounter in our supply and procurement processes, including as a result of the insolvency or financial weaknesses of our suppliers; and

 

  16.

the costs we may incur due to unexpected events, in particular where our insurance is not sufficient to cover such costs.

The foregoing factors should not be construed as exhaustive. Due to such uncertainties and risks, readers are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date hereof. We undertake no obligation to release publicly the result of any revisions to these forward-looking statements which may be made to reflect events or circumstances after the date hereof, including, without limitation, changes in our business or acquisition strategy or planned capital expenditures, or to reflect the occurrence of unanticipated events.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: January 18, 2019

 

TIM S.p.A.
BY:  

/s/ Umberto Pandolfi

  Umberto Pandolfi
  Company Manager