This illustration picture taken with a tilt and shift lens in Turin, Northwestern Italy, shows screens displaying the logo of Italian telecom company TIM "Telecom Italia Mobile" and the logo of Poste Italiane, the Italian postal service provider. Italy's state-controlled postal service is launching a 10.8-billion euro takeover bid for telecom operator TIM, in which it already holds a majority stake, the companies said on March 23, 2026. (Photo by MARCO BERTORELLO / AFP via Getty Images)