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Inwit finalises EUR 70 mln acquisition of Vodafone tunnel infrastructure

Friday 22 October 2021 | 08:55 CET | News
Italian mobile towers group Inwit, owned by Vodafone Italia and Telecom Italia (TIM), said it has completed the acquisition of around 700 radioelectric plants covering some 1,000 km of road and motorway tunnels, as well as numerous DAS systems, previously owned by Vodafone Italia. The value of the transaction came to around EUR 70 million, said Inwit, which finalised its merger with Vodafone Italia's towers subsidiary in March 2020.

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Categories: Mobile & Wireless
Companies: Inwit / Telecom Italia / Vodafone Italia
Countries: Italy
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