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Tessellis S.p.A.: Business Overview, Financials & Competitive Analysis

Tessellis S.p.A. scores 3/10 on the AskCyborg Cyborg Score (Challenged). Distressed Italian telecom operator undergoing rebranding with negative profitability and severe stock underperformance. The company reported an operating loss of €48.1 million in 2024 compared to €34.7 million EBITDA in 2023. Post-rebranding stock performance has been highly volatile, with shares experiencing a 67.86% decline in 2024 and a further 52.06%.

What is Tessellis S.p.A.'s industry? Tessellis S.p.A. (tessellis.it) operates in Telecommunications & Internet Services. AskCyborg classifies Tessellis S.p.A. under Telecommunications & Internet Services in its company registry.

Tessellis provides telecommunication services through various fixed network technologies in Italy and the Netherlands, offering broadband, ultrabroadband, fixed wireless access, and fiber to the home services. The com...

3/ 10Challenged

Cyborg Score thesis

Distressed Italian telecom operator undergoing rebranding with negative profitability and severe stock...

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Industry Telecommunications & Internet Services
3 named competitors
3 recent developments
11 analyst dimensions
Synthesized from analyst-debate stress-testing across 11 dimensions and hundreds of data points. Methodology →
Cyborg Score recalibrated: October 19, 2026
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Tessellis S.p.A. OverviewStrategic ProfileCompetitive LandscapeIndustry ContextKey facts
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Tessellis S.p.A. Overview

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Tessellis provides telecommunication services through various fixed network technologies in Italy and the Netherlands, offering broadband, ultrabroadband, fixed wireless access, and fiber to the home services. The company was formerly known as Tiscali Spa and changed its name to Tessellis S.p.A. in January 2023, founded in 1998 and headquartered in Cagliari, Italy.

Strategic Profile

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The company provides fixed, mobile, and value-added services, as well as platforms and vertical services, including smart city services for households, businesses, and public administrations, plus operates newspapers web portals and digital shopping platforms. Tessellis reported consolidated revenues of €217 million for 2024 with normalized EBITDA of €19 million, reflecting its transition toward converged fixed and mobile services.

Competitive Landscape

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Main competitors in the Italian telecom market include Telecom Italia S.p.A. and other regional operators. Tessellis operates as a mid-sized independent telecom provider focused on fixed broadband and converged services, competing against larger national operators and specialized players in ultra-broadband infrastructure.

Industry Context

Tessellis S.p.A. operates in Telecommunications & Internet Services.

Key facts

Founded: 1998 · Headquarters: Cagliari, Italy · Employees: 974 · Revenue: €217M (2024) · Market cap: €34M

What the AI analysts debated

AI-generated and not independently verified: selected findings from the multi-agent debate on Tessellis S.p.A..

  • Market capitalization of approximately €34 million as of November 10, 2025
  • Company employs 974 employees
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Recent developments

Material events tracked by the AskCyborg corpus.

  • 2024Generated €217 million in consolidated revenues with significant operational losses
  • 2023Completed corporate rebranding from Tiscali Spa to Tessellis S.p.A.
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Named competitors

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Industry context

Tessellis S.p.A. operates in Telecommunications & Internet Services. See how the rest of the sector scores on the Cyborg framework.

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Frequently asked questions

What does Tessellis S.p.A. do?+
Tessellis provides telecommunication services through various fixed network technologies in Italy and the Netherlands, offering broadband, ultrabroadband, fixed wireless access, and fiber to the home services. The com...
What is Tessellis S.p.A.'s Cyborg Score?+
Tessellis S.p.A. has a Cyborg Score of 3/10 (Challenged). The score synthesizes business model, financials, leadership, competitive position, technology, marketing, and ESG dimensions across hundreds of data points.
Who are Tessellis S.p.A.'s main competitors?+
Named competitors include Fixed & Mobile Services, Broadband & Internet Services, Fiber & Infrastructure. The full competitive landscape is in the AskCyborg report.
How can I get the full Tessellis S.p.A. research report?+
Get the report plus analyst-debate audio at askcyborg.com -- no credit card required for preview access. Pro adds saved-company audio playlists and monitoring.
How current is the Tessellis S.p.A. research?+
The Cyborg Score is recalibrated weekly. Recent developments are tracked continuously and surfaced in every report.

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