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Wireless

Fastweb, Iliad vying for Wind, 3 Italia assets - report

Friday 24 June 2016 | 08:58 CET | News
VimpelCom and CK Hutchison have potential deals in place with broadband provider Fastweb and Xavier Niel's Iliad to establish a new mobile operator in Italy, according to an unnamed source cited by the Financial Times. The news appears to confirm previous reports indicating that Wind and 3 Italia, the Italian subsidiaries of VimpelCom and CK Hutchison, have offered to sell assets including 8,000 network sites, frequencies and a roaming deal to create a fourth mobile operator in Italy and convince EC regulators to approve their proposed merger. The companies are waiting for European antitrust

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