In 1995, the mobile telephony division was spun off as TIM (Telecom Italia Mobile). Interbusiness, Italy's largest Internet network, was created and in the same period with TIN (Telecom Italia Net) and the first ISPs, internet access became a reality in Italy. In 1996, TIM introduced a new prepaid rechargeable phone card (GSM), and one year later launched short messaging service (SMS) capability. In 1997, under the chairmanship of Guido Rossi, Telecom Italia was privatised and was transformed into a large multimedia group.