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Inwit revenues up 4.5% in Q2, acquires Vodafone tunnel and DAS systems

Friday 30 July 2021 | 09:14 CET | News
Italian mobile towers group Inwit said its revenues rose to EUR 192.9 million in the second quarter of 2021, up 4.5 percent year on year on an organic basis, following its merger with Vodafone Italia's towers subsidiary in March 2020. The company attributed the growth to the progressive impact of new hostings contracted in previous quarters, with around 1,200 new hostings and 350 remote DAS (distributed antenna systems) installed in Q2 alone. The company also announced the acquisition of a package of highway tunnel radioelectric plants and DAS systems from Vodafone for around EUR 70 million.

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Categories: General
Companies: European Investment Bank / Inwit / Telecom Italia / Vodafone Italia
Countries: Italy
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