0
General

Fastweb, Tiscali close EUR 198 mln 5G spectrum deal

Monday 19 November 2018 | 09:09 CET | News
Italian operator Fastweb has announced the closure of the deal to acquire the Fixed Wireless Access (FWA) division of Sardinia-based Tiscali plus 40 MHz of spectrum in the 3.5 GHz band for a total of EUR 198 million. Under the terms of the agreement first revealed in July and updated last week, Fastweb commits to paying EUR 130 million in cash, plus EUR 55 million for the 4-5 year wholesale agreement and EUR 13 million of debt towards suppliers in a transaction that will provide long-term access to valuable 5G spectrum via the the 3.5 GHz band as well as a network of 836 towers.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. 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: General
Companies: Fastweb / Tiscali
Countries: Italy
::: add a comment
This article is part of dossier

5G

,

Fibre

,

LTE


Add 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

Newco Amiscora acquires 22% of Tiscali as founder Soru returns

Published 13 May 2019 08:43 CET | Italy
Italian operator Tiscali announced that an investment vehicle run by former CDP chairman Claudio Costamagna, former Metroweb CEO ...

Tiscali FY revenues down 17% to EUR 173 mln, switches focus to 5G and FWA

Published 04 Apr 2019 10:29 CET | Italy
Italian operator Tiscali reported full-year 2018 revenues of EUR 172.8 million, down 16.8 percent year on year due above all to a ...

Tiscali signs new debt restructuring deal

Published 01 Apr 2019 09:47 CET | Italy
Italian operator Tiscali has announced a restructuring agreement with senior lenders Intesa Sanpaolo and Banco BPM regarding its ...

Fastweb, Samsung hit 1Gbps in first 5G FWA trial in Italy

Published 22 Feb 2019 11:35 CET | Italy
Italian operator Fastweb has teamed up with Samsung to conduct the country's first 5G Fixed Wireless Access (FWA) trial on ...

Tiscali aiming for 1 million customers by 2021 following 'watershed' Fastweb deal

Published 15 Feb 2019 15:36 CET | Italy
Italian operator Tiscali will increase its fixed line coverage from 8 million to 18 million households throughout the country ...

Fastweb full-year revenues up over 8% to EUR 2.1 bln on strong customer growth

Published 07 Feb 2019 11:34 CET | Italy
In its statement, Fastweb was keen to underline the performance of its mobile segment in what it described as a fiercely ...

Fastweb, Ericsson outline Genoa 5G project

Published 06 Feb 2019 09:24 CET | Italy
Fastweb and Erisscon teamed up with Genoa city council to present the details of the project unveiled last year to test 5G ...

Fastweb, Ericsson present first Rome 5G use case at Baths of Diocletian

Published 18 Dec 2018 09:01 CET | Italy
Italian operator Fastweb and network partner Ericsson presented the first specific 5G use case under the 'Roma5G' project at an ...

Fastweb, Cellnex sign Italian 5G network development deal

Published 13 Dec 2018 14:35 CET | Italy
Spanish group Cellnex Telecom has reached an agreement with Italian operator Fastweb to work together on developing a ...

Tiscali Mobile to launch 4G on TIM network in H1 - report

Published 13 Dec 2018 08:57 CET | Italy
The Tiscali Mobile MVNO of Sardinia-based operator Tiscali will finally launch 4G services for consumers in the first half of ...

Tiscali Mobile offering 30GB plans for EUR 5 to fixed line clients

Published 06 Dec 2018 10:08 CET | Italy
The Tiscali Mobile MVNO of Sardinia-based operator Tiscali has launched a new bundle called Mobile Top 30 targeted at existing ...

Fastweb offers unlimited cloud space to all clients

Published 03 Dec 2018 15:15 CET | Italy
Italian operator Fastweb has announced that all new and existing mobile and fixed line customers will be given access to an ...

Fastweb to give away '1 million GB' of data to mobile clients

Published 29 Nov 2018 15:04 CET | Italy
Italian operator Fastweb has launched a new promotion for its mobile customers, giving away a total of 1 million gigabytes of ...

Last week in telecoms: Altice and KCom weak on Q3 results, Italy in focus

Published 26 Nov 2018 07:00 CET | Europe
Week 47 left two heavy casualties, British operator KCom and Altice Europe. Italian microcap Tiscali was the week's winner. ...

Fastweb revamps mobile plan, adds 10GB data

Published 23 Nov 2018 09:15 CET | Italy
Italian operator Fastweb has improved its 'Mobile Voce & Giga' plan, which now comes with 30GB of data (up from 20GB), 1,000 ...

TIM latest to appeal against 5G spectrum extension - report

Published 13 Nov 2018 10:25 CET | Italy
Telecom Italia (TIM) has followed Iliad and Vodafone Italia in lodging an appeal against a possible 6-year extension to licences ...

Fastweb, Tiscali agree to hike 5G spectrum deal to EUR 198 mln

Published 13 Nov 2018 10:05 CET | Italy
Swisscom announced that its Italian operator Fastweb has closed an agreement to acquire the Fixed Wireless Access (FWA) division ...

Tiscali confirms EUR 150 mln 5G spectrum deal with Fastweb to close this month

Published 08 Nov 2018 14:10 CET | Italy
Italian operator Tiscali has denied recent press reports that its deal to sell 40 MHz of spectrum in the 3.5 GHz band to Fastweb ...

Iliad preparing to challenge 5G spectrum extension - report

Published 02 Nov 2018 11:05 CET | Italy
Iliad Italia is prepared to challenge the country's communications regulator Agcom if it finally grants a 6-year extension to ...

Tiscali interrupts talks on EUR 15.6 mln bond issue

Published 24 Oct 2018 08:56 CET | Italy
Italian operator Tiscali announced that discussions with two shareholders over the issue of a EUR 15.6 million bond have been ...

Italian senators question 5G spectrum extension to WiMax providers

Published 22 Oct 2018 09:24 CET | Italy
A group of Italian senators from the Five Star Movement (M5S) have asked industry minister Luigi Di Maio to probe the request for ...

Fastweb acquires Tiscali 5G spectrum and fixed wireless branch for EUR 150 mln

Published 31 Jul 2018 08:36 CET | Italy
Italian operator Fastweb has announced a deal to acquire 40 MHz of spectrum in the 3.5 GHz band owned by Tiscali's fully owned ...

Fastweb acquires Tiscali Business, leases 3.5 GHz spectrum

Published 06 Dec 2016 08:31 CET | Italy
Italian operators Fastweb and Tiscali have an announced a strategic agreement involving Fastweb's purchase of Tiscali's business ...