Press Releases and News

Discover what’s new at SACE: the world of exports, the latest news and market scenarios, the trends in Italian industry and the most interesting success stories.


Go to Press Releases and News

Deals & Products SACE - 05 May 2023

Italy: Tim receives €360 million in Eib financing with SACE guarantee for 5G network development

The European Investment Bank (EIB) — partly assisted by a SACE guarantee — will support TIM in the development of the next-generation network infrastructure in Italy with a €360 million loan, which will be used to finance the expansion of 5G coverage. The agreement was finalised today by EIB Vice-President Gelsomina Vigliotti and TIM CEO Pietro Labriola, together with SACE Chief Business Officer Bernardo Attolico.

The EIB financing, 60% guaranteed by SACE, confirming the strategic nature of the investments, will enable TIM to expand 5G coverage across Italy by the end of 2025 using 700 MHz bands. The operation supports the objectives of the 2030 Digital Decade, the EU programme defining digital ambitions for the next ten years, including developing secure and sustainable digital infrastructure, the digital transformation of businesses, and the digitalisation of public services.

In addition, the financing will allow the TIM Group to have access to a debt instrument on more favourable terms than those offered on the bond banking market.

The EIB has provided over €1 billion in financing for TIM projects between 2019 and 2023. These loans come under the EIB’s main areas of activity, namely developing and supporting the telecommunications network infrastructure, bridging the digital divide, meeting the targets of the Digital Agenda for Europe, and helping the EU’s most disadvantaged regions.

In 2022, SACE joined a pool of financial institutions under the ‘Garanzia Italia’ framework to guarantee a €2 billion loan granted to TIM to support investment in Italy planned under the Group’s business plan.


Would you like more information?
Contact us +39 06.6736.888 [email protected]


Check our up-to-date schedule of meetings, courses, seminars and workshops related to the world of SACE.


Check out all the events

Media Gallery

Videos and photos to keep up-to-date with the latest news from SACE: interviews, presentations and much more besides.

Social Media

Social networks represent a privileged communication channel for SACE to maintain a constant contact with all stakeholders.

We are present on all major social platforms:

X: is our leading communication channel out there where we talk about all of our initiatives, operations with our customers and where we live our events live.

Facebook: On the page, given the vast and heterogeneous audience, we find in depth the stories of Italian companies we support all over the world and our insights on countries and sectors by our economists.

Linkedin: In this platform, which collects a professional audience, we publish all our economic studies and job ads.

Youtube: All our interviews to our customers, our people, our video tutorials from our economists, and success stories find room in our YouTube channel.

Press Kit

Would you like more information?



[email protected]