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Wireless

Fastweb, Iliad, Digicel bid for Wind, 3 Italia assets-report

Wednesday 8 June 2016 | 15:59 CET | News
VimpelCom and CK Hutchison have received preliminary bids for some of the assets owned by their Italian subsidiaries Wind and 3 Italia from Fastweb, Iliad and Digicel, according to unnamed sources cited by Bloomberg. The assets include redundant frequencies and around 5,000 wireless towers and would be used to create a new mobile operator in Italy with a view to persuading the European Commission's anti-trust authorities to green light the merger of Wind and 3 Italia. The preliminary bids were presented to EU competition commissioner Margrethe Vestager, said the sources. 

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Categories: Mobile & Wireless
Companies: 3 Italia / Digicel / European Commission / Fastweb / Iliad / Sky / Swisscom / Vimpelcom / Wind
Countries: Italy
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