0
Video

Cellnex-F2i preparing binding Inwit offer - report

Thursday 3 March 2016 | 10:32 CET | News
A consortium made up of Spain's Cellnex Telecom and Italian infrastructure fund F2i is ready to submit a binding offer for a 45 percent stake in Telecom Italia's tower unit Inwit, reports Italian daily La Repubblica. The bid needs to be submitted by 11 March so that Telecom Italia can discuss it at its 17 Mach board meeting. As part of their agreement, Cellnex and F2i plan to set up a new vehicle called Cellnex Italia incorporating all the Italian activities of the Spanish group, including 100 percent of TowerCo and 90 percent of Galata, the mobile tower unit of Italian operator Wind acquired

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Broadcast & Satellite / Mobile & Wireless
Companies: Cellnex / Telecom Italia / Wind
Countries: Italy
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Spain's Cellnex buys 230 towers from Bouyges for EUR 80 mln

Published 11 Jul 2016 10:52 CET | France
Spanish infrastructure operator Cellnex Telecom has announced an agreement to acquire 230 mobile telecommunications towers in ...

Telecom Italia to "take time it needs" to decide on Inwit

Published 01 Jul 2016 08:30 CET | Italy
Telecom Italia has announced that it has no liquidity problems and can therefore take the time it needs to assess how to best ...

Cellnex acquires Italian small cells operator CommsCon

Published 28 Jun 2016 16:41 CET | Italy
Spanish infrastructure operator Cellnex Telecom has announced the acquisition of Italian operator and small cell technology ...

Spain's Cellnex buys 261 mobile towers in the Netherlands

Published 30 May 2016 09:39 CET | Netherlands
Spanish infrastructure operator Cellnex Telecom has announced an agreement to acquire the 261 mobile telecommunications towers in ...

Cellnex considering European tower alternatives to Inwit

Published 17 May 2016 09:51 CET | Italy
Spanish infrastructure operator Cellnex Telecom is considering alternative tower acquisitions in Europe in view of the stalled ...

Inwit Q1 profit hits EUR 23.5 mln, confirms 3-year guidance

Published 04 May 2016 08:57 CET | Italy
Telecom Italia's tower unit Infrastrutture Wireless Italiane (Inwit) reported revenues of EUR 81.7 million in the three months to ...

Telecom Italia confirms 2 binding offers for Inwit stake

Published 18 Mar 2016 11:08 CET | Italy
Telecom Italia has received two binding offers to buy a stake in its Inwit towers division and is currently negotiating with ...

Inwit announces EUR 57 mln dividend

Published 15 Mar 2016 08:44 CET | Italy
Telecom Italia's tower unit Infrastrutture Wireless Italiane (Inwit) announced that its board of directors approved its ...

Inwit board backs EI Towers deal - report

Published 14 Mar 2016 08:56 CET | Italy
The board of Telecom Italia's tower unit Inwit has given its backing to a bid for 1,000 towers owned by EI Towers as part of a ...

Cellnex, Sirti renew Italian tower maintenance deal

Published 09 Mar 2016 15:05 CET | Italy
Spanish operator Cellnex Telecom, a subsidiary of infrastructure company Abertis, has renewed its maintenance contract with ...

Inwit to bid for 1,000 towers owned by EI Towers - report

Published 09 Mar 2016 14:38 CET | Italy
Telecom Italia's tower unit Inwit is preparing a non-binding offer for 1,000 towers owned by EI Towers for around EUR 200 ...

'Managers always respond with their performance' - Patuano

Published 07 Mar 2016 09:19 CET | Italy
Telecom Italia CEO Marco Patuano has insisted that top shareholder Vivendi has never sought the sale of the operator's Brazilian ...

Cellnex to open telecoms "excellence centre" in Rome

Published 01 Mar 2016 16:29 CET | Italy
Spanish operator Cellnex Telecom, a subsidiary of infrastructure company Abertis, has announced plans to open a new "Excellence ...

Inwit bid deadline set at 11 March - report

Published 26 Feb 2016 12:48 CET | Italy
Telecom Italia has set a deadline of 11 March for the receipt of binding bids for a 45 percent stake in its tower unit Inwit, ...

Inwit 9-month revenues up 12% to EUR 239 mln

Published 04 Feb 2016 09:33 CET | Italy
Telecom Italia's tower unit Infrastrutture Wireless Italiane (Inwit) reported revenues of EUR 239.2 million in the nine months to ...

Cellnex-F2i still favourites to buy Inwit stake - report

Published 22 Jan 2016 08:39 CET | Italy
A consortium made up of Spain's Cellnex Telecom and Italian infrastructure fund F2i remains the favourite to secure a 45 percent ...

Cellnex, F2i to submit Inwit bid on 18 December - report 

Published 14 Dec 2015 09:28 CET | Italy
The board of Spain's Cellnex Telecom is set to meet in Barcelona on 17 December to finalise the details of its joint bid with ...

Telecom Italia wants to retain 15-20% of Inwit - CEO

Published 25 Nov 2015 08:46 CET | Italy
Telecom Italia is looking to retain a 15-20 percent stake in its mobile-phone tower unit Inwit after it spins off the rest of the ...

F2i, Cellnex confirm 'positive' contacts over Inwit bid

Published 20 Nov 2015 08:59 CET | Italy
The CEO of Italian infrastructure fund F2i has confirmed contacts with Spain's Cellnex Telecom over Telecom Italia's plan to sell ...

Inwit director Tombari steps down

Published 16 Nov 2015 09:04 CET | Italy
Telecom Italia's tower unit Infrastrutture Wireless Italiane (Inwit) has announced that independent director Umberto Tombari has ...

Inwit buy 'makes a lot of sense' - Cellnex CEO

Published 13 Nov 2015 08:39 CET | Italy
Cellnex Telecom, the recently rebranded telecoms subsidiary of Spanish infrastructure company Abertis, has hinted that it will ...