- Business
- Tessellis S.p.A. (TSL.MI) operates as an Italian telecommunications company focused on providing integrated fixed and mobile connectivity services, media platforms, and innovative digital solutions primarily to consumers, businesses, and public administrations in Italy. Founded in 1998 and headquartered in Cagliari, Sardinia, at the Sa Illetta campus, the company delivers core offerings across three segments: Telco, encompassing ultra-broadband fixed and fixed wireless access, fiber-to-the-home, 5G mobile services, infrastructure, and cloud solutions under the Tiscali and Linkem brands via multi-technology wholesale agreements; Media & Tech, including the Tiscali.it portal with news sites such as Tiscali Notizie and Milleunadonna, specialized verticals like Gamesurf and Bike, value-added services comprising Tiscali Mail with over one million active accounts, Tiscali Shopping e-commerce platform, Tagliacosti comparison tools for utilities and insurance, and online advertising through Veesible agency; and Innovative Services for B2B and public administration, featuring vertical platforms alongside strategic investments in startups. Tessellis maintains its technological hub at the Sa Illetta Data Centre, a key national exchange point, and supports operations with in-house customer care. Recent developments include the 2022 merger with Linkem forming OpNet for wholesale activities, a January 2023 name change from Tiscali S.p.A., a May 2024 acquisition of over 30% stake in Go Internet to bolster B2B fiber and fixed wireless offerings, an April 2025 non-binding agreement with Expert.ai on the Villanova Project for multimodal generative AI services followed by a September 2025 investment execution in affiliate Villanova.ai pending regulatory approval, multiple 2025 capital increases and convertible bond issuances with shareholder Shellnet S.p.A. totaling significant financing such as a 12.78 million euro transaction in May, and ongoing issuances linked to Nice&Green S.A. investments. As a subsidiary with ties to Shellnet S.p.A. and indirect influence from Jefferies via OpNet, Tessellis employs around 939-974 staff and trades on Borsa Italiana.