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General

Fastweb acquires Tiscali Business, leases 3.5 GHz spectrum

Tuesday 6 December 2016 | 08:31 CET | News
Italian operators Fastweb and Tiscali have an announced a strategic agreement involving Fastweb's purchase of Tiscali's business unit for EUR 45 million and its lease of Tiscali's 3.5 GHz spectrum to deploy an innovative convergent network in major Italian cities. The amount paid for Tiscali Business includes EUR 25 million in cash and EUR 20 million in services provided by Fastweb on its network, allowing Tiscali's consumer, Soho and SME customers to access LTE and fibre technology, above all in digital divide areas.

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Categories: General
Companies: Fastweb / Tiscali
Countries: Italy
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