UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                              --------------------

                                  SCHEDULE 13D
                                 (RULE 13d-101)
                    UNDER THE SECURITIES EXCHANGE ACT OF 1934

                                (AMENDMENT NO. 9)

                              --------------------

                              TELECOM ITALIA S.P.A.
                                (Name of Issuer)

                     ORDINARY SHARES OF EURO 0.55 PAR VALUE
                               PER ORDINARY SHARE
                         (Title of Class of Securities)

                                    87927W10
                                 (CUSIP Number)

                                ELISABETTA LUNATI
                               BANCA INTESA S.P.A.
                            PIAZZA PAOLO FERRARI, 10
                               MILAN 20121, ITALY
                                011 02 88 66 3523
           (Name, Address and Telephone Number of Person Authorized to
                       Receive Notices and Communications)



                                 MARCH 12, 2003
             (Date of Event which Requires Filing of this Statement)

If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box |_|.

         Note: Schedules filed in paper format shall include a signed original
         and five copies of the schedule, including all exhibits. See Rule 13d-7
         for other parties to whom copies are to be sent.



                         (Continued on following pages)

                               (Page 1 of 4 Pages)







                                  SCHEDULE 13D

------------------------------------------------
CUSIP No.   87927W10
------------------------------------------------



-------------------------------------------------------------------------------------------------------------------
                                                                                    
1.       NAME OF REPORTING PERSON
         I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)

         Banca Intesa S.p.A.

-------------------------------------------------------------------------------------------------------------------
2.       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP                                 (a)  [X]
                                                                                          (b)  [ ]
-------------------------------------------------------------------------------------------------------------------
3.       SEC USE ONLY
-------------------------------------------------------------------------------------------------------------------
4.       SOURCE OF FUNDS

         WC
-------------------------------------------------------------------------------------------------------------------
5.       CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
         REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)                                               [ ]
-------------------------------------------------------------------------------------------------------------------
6.       CITIZENSHIP OR PLACE OF ORGANIZATION

         Republic of Italy

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       NUMBER OF SHARES                          7.     SOLE VOTING POWER - 12,343,743
  BENEFICIALLY OWNED BY EACH
    REPORTING PERSON WITH                        ------------------------------------------------------------------
                                                 8.     SHARED VOTING POWER - 2,891,656,682
                                                                              (See Item 5)
                                                 ------------------------------------------------------------------
                                                 9.     SOLE DISPOSITIVE POWER - 4,263,628

                                                 ------------------------------------------------------------------
                                                 10.    SHARED DISPOSITIVE POWER - 2,891,656,682
                                                                                    (See Item 5)

-------------------------------------------------------------------------------------------------------------------
11.  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
         2,904,000,425
          (See Item 5)
-------------------------------------------------------------------------------------------------------------------
12.      CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES                 [ ]


-------------------------------------------------------------------------------------------------------------------
13.      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)           55.20%
                                                                   (See Item 5)

-------------------------------------------------------------------------------------------------------------------
14.               TYPE OF REPORTING PERSON - CO

-------------------------------------------------------------------------------------------------------------------



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         This Amendment No. 9 amends the Statement on Schedule 13D, dated
October 19, 2001, as amended (as previously amended, the "Statement on Schedule
13D"), filed by IntesaBci S.p.A. (now Banca Intesa S.p.A.), a company organized
under the laws of the Republic of Italy ("BCI"), with respect to the ordinary
shares, euro 0.55 par value per share, of Telecom Italia S.p.A., a company
incorporated under the laws of the Republic of Italy. Capitalized terms used in
this Amendment without definition have the meanings ascribed to them in the
Statement on Schedule 13D.

         BCI, Pirelli, Edizione Holding, UniCredito, Olimpia S.p.A. ("Olimpia")
and, as discussed in Items 4 and 6 of Amendment No. 7 to the Statement on
Schedule 13D, Hopa S.p.A. ("Hopa") are members of a group with respect to the
Telecom Italia Shares. This Amendment constitutes a separate filing on Schedule
13D by BCI in accordance with Rule 13d-1(k)(2) under the Securities Exchange Act
of 1934, as amended.


Item 4.  PURPOSE OF TRANSACTION

         On March 12, 2003, each of Olivetti and Telecom Italia announced that
their respective Boards of Directors had approved of a plan to merge Telecom
Italia into Olivetti (the "Olivetti Merger"). A copy of a joint press release
issued by Olivetti and Telecom Italia concerning the Olivetti Merger is filed as
an Exhibit to Amendment No. 16 to Pirelli's Schedule 13D, dated March 14, 2003,
filed as Exhibit 29 to this Schedule 13D and incorporated by reference herein.


Item 7.  MATERIAL TO BE FILED AS EXHIBITS.


EXHIBIT NO.           DESCRIPTION
-----------           -----------

Exhibit 29        Joint Press Release, dated March 12, 2003, issued by
                  Olivetti and Telecom Italia (incorporated by reference to
                  Exhibit 43 to the Schedule 13D, dated February 26, 2003, filed
                  with the Securities and Exchange Commission by Pirelli S.p.A.)





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                                    SIGNATURE


                  After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement is true,
complete and correct.


                                                BANCA INTESA S.P.A.



                                                By: /s/ Elisabetta Lunati
                                                    -------------------------
                                                    Name:  Elisabetta Lunati
                                                    Title:  Executive Manager


                                                    Dated:  March 20, 2003








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