Telecom Italia - 6k
                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549

                                    FORM 6-K

                         REPORT OF FOREIGN PRIVATE ISSUER
             
                        PURSUANT TO RULE 13a-16 OR 15D-16
                    UNDER THE SECURITIES EXCHANGE ACT OF 1934

                         FOR THE MONTH OF OCTOBER 2004


                              TELECOM ITALIA S.p.A.
                 (Translation of registrant's name into English)

                                CORSO D'ITALIA 41
                                ROME, ITALY 00198
                     (Address of principal executive offices)


          Indicate by check mark whether the registrant files
          or will file annual reports under cover of Form 20-F or Form 40-F:

                          FORM 20-F [X]   FORM 40-F [ ]


          Indicate by check mark if the registrant 
          is submitting the Form 6-K in paper
          as permitted by Regulation S-T Rule 101(b)(1): [ ] 

          Indicate by check mark if the registrant 
          is submitting the Form 6-K in paper
          as permitted by Regulation S-T Rule 101(b)(7): [ ] 
                
               
          Indicate by check mark whether by furnishing the information 
          contained in this Form, the registrant is also thereby furnishing
          the information to the Commission pursuant to Rule 12g3-2(b)
          under the Securities Exchange Act of 1934. 

                               YES [ ]     NO [X]

          If "Yes" is marked, indicate below the file number assigned
          to the registrant in connection with Rule 12g3-2(b): 82- _______











PRESS RELEASE




TELECOM ITALIA: NEXT STAGE IN INFORMATION TECHNOLOGY RESTRUCTURING PLAN


The Board adopts the merger of IT Telecom SpA and Epiclink SpA into Telecom Italia SpA



Milan, October 11, 2004 - At today’s Telecom Italia Board of Directors meeting, chaired by Marco Tronchetti Provera, the Board passed a resolution on the merger of IT Telecom SpA and Epiclink SpA into Telecom Italia SpA, following the resolution taken on September 9. Today’s resolution marks the next stage in restructuring the Group’s Information Technology operations.


It is expected that the two companies (whose Boards also passed merger resolutions today) will be merged into Telecom Italia by the end of the year. As both of these companies are wholly-owned Telecom Italia subsidiaries, the merger will not generate any capital increase for the company.


§§§


The Board of Directors adopted the following 2005 company events calendar:


February 14 - Board Meeting to examine the preliminary 2004 full-year results

March 16 - Board Meeting to examine the draft full-year 2004 operating accounts and consolidated financial statements

April 22 - 26 (first and second call) - Shareholders’ Meeting to adopt the full-year 2004 accounts  

May 9 - Board Meeting to examine the Annual Report 2004 (pursuant to US law) and the first-quarter 2005 report                 

July 26 - Board Meeting to examine preliminary first-half 2005 data

September 8 - Board Meeting to examine the first-half 2005 report

November 8 - Board Meeting to examine the third-quarter 2005 report


Any alterations to this timetable shall be announced in good time.



Telecom Italia intends to make use of the dispensation from publishing a report on the fourth quarter of 2004 and the second quarter of 2005, and instead publish the draft annual company and Group accounts for 2004 within 90 days of the end of the financial year, and the 2005 first-half report within 75 days after the end of the first half of the year.



Dividends for the 2004 financial year shall be paid out in May 2005.



Telecom Italia

Media Relations

Corporate and Wireline Press Office

+39.06.3688.2610

www.telecomitalia.it/stampa_uk


Telecom Italia

Investor Relations

+39.02.8595.4131

www.telecomitalia.it/investor_relation





Cautionary Statement for Purposes of the "Safe Harbor" Provision of the United
States Private Securities Litigation Reform Act of 1995.

The Private Securities Litigation reform Act of 1995 provides a "safe harbor"
for forward-looking statements.  The Press Release included in this Form 6-K
contains certain forward looking statements and forecasts reflecting
management's current views with respect to certain future events.  The ability
of the Telecom Italia Group to achieve its projected results is dependant on
many factors which are outside of management's control.  Actual results may
differ materially from those projected or implied in the forward-looking
statements.  Such forward-looking information involves risks and uncertainties
that could significantly affect expected results and are based on certain key
assumptions.

The following important factors could cause the Telecom Italia Group's actual
results to differ materially from those projected or implied in any forward-
looking statements:

- the continuing impact of increased competition in a liberalized market,
including competition from global and regional alliances formed by other
telecommunications operators in the core domestic fixed-line and wireless
markets of the Telecom Italia Group;

- the ability of the Telecom Italia Group to introduce new services to
stimulate increased usage of its fixed and wireless networks to offset declines
in its fixed-line business due to the continuing impact of regulatory required
price reductions, market share loss and pricing pressures generally;

- the ability of the Telecom Italia Group to achieve cost-reduction
targets in the time frame established or to continue the process of
rationalizing its non-core assets;

- the impact of regulatory decisions and changes in the regulatory
environment;

- the impact of the slowdown in Latin American economies and the slow
recovery of economies generally on the international business of the Telecom
Italia Group focused on Latin America and on its foreign investments and capital
expenditures;

- the continuing impact of rapid changes in technologies;

- the impact of political and economic developments in Italy and other
countries in which the Telecom Italia Group operates;

- the impact of fluctuations in currency exchange and interest rates;

- Telecom Italia's ability to continue the implementation of its 2002-2004
Industrial Plan, including the rationalization of its corporate structure and
the disposition of Telecom Italia's interests in various companies;

- the ability of the Telecom Italia Group to successfully achieve its debt
reduction targets;

- Telecom Italia's ability to successfully roll out its UMTS networks and
services and to realize the benefits of its investment in UMTS licenses and
related capital expenditures;

- Telecom Italia's ability to successfully implement its internet strategy;

- the ability of the Telecom Italia Group to achieve the expected return
on the significant investments and capital expenditures it has made in Latin
America and in Europe;

- the amount and timing of any future impairment charges for Telecom
Italia's licences, goodwill or other assets; and

- the impact of litigation or decreased mobile communications usage
arising from actual or perceived health risks or other problems relating to
mobile handsets or transmission masts.

The foregoing factors should not be construed as exhaustive.  Due to such
uncertainties and risks, readers are cautioned not to place undue reliance on
such forward-looking statements, which speak only as of the date hereof.
Accordingly, there can be no assurance that the group will achieve its projected
results.



                                   SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.

Date:      October 12th, 2004


                                                   TELECOM ITALIA S.p.A.


                                              BY: /s/ Carlo De Gennaro
                                                  ---------------------------
                                                      Carlo De Gennaro
                                                       Company Manager