Saturday, 16 December 2017

Telecom Italia gets regulatory OK for €1bn towers IPO

By Mary Lennighan, Total Telecom
Friday 05 June 15

Italian incumbent values towers business at up to €2.34 billion, enabling it to raise as much as €936 million from sale of 40% of its shares.

Telecom Italia's mobile towers unit INWIT announced on Thursday that it has secured regulatory approval for an IPO that could raise almost €1 billion for its telco parent. INWIT, or Infrastrutture Wireless Italiane…

Telecom Italia's mobile towers unit INWIT announced on Thursday that it has secured regulatory approval for an IPO that could raise almost €1 billion for its telco parent. INWIT, or Infrastrutture Wireless Italiane…

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