TIMVision will now be able to provide an offering that includes seven out of 10 Serie A football matches. The deal also gives TIMVision the ability to provide coverage of all Champions League and Europa League games to its subscribers.
TIM said that the partnership with Sky would allow it to build a compelling offering that also aggregates the content of Netflix and Amazon Prime as well as Mediaset, Discovery and Eurosport. The company recently signed new distribution deals with Amazon and Netflix
News of the agreement comes as TIM posted Q2 results in line with expectations. The company posted revenues of €4.5 billion, down 0.4%, and EBITDA of €2.3 billion, up 17.2%.
TIM reported an improvement in consumer ARPU for its fixed-line business, up 8.3%. the number of fibre customers was up 5.6% quarter-on-quarter to reach 6.3 million.
Analysts at investment bank Jefferies said they expected TIM to make a “strong push on TIMVision with extensive football content arriving post the new Sky settlement”.
The latest update from TIM follows a deal announced last week to share infrastructure for 5G in Italy with Vodafone.
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25 October 2021 @ 17:30:00 UTC