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Wireless

Inwit to pay out EUR 0.147 dividend, adds Recchi to board

Friday 21 April 2017 | 09:20 CET | News
Telecom Italia's tower unit Infrastrutture Wireless Italiane (Inwit) announced that a meeting of its shareholders approved the distribution of a dividend of EUR 0.147 per share on 24 May in view of the positive results achieved in 2016, with revenues up 4.6 percent year on year to EUR 333.5 million and net profit rising to EUR 97.9 million. Shareholders also approved an increase in the size of the company's board from 11 to 15 to include four new directors: Filomena Passeggio, Luca Aurelio Guarna, Agostino Nuzzolo and current TIM chairman Giuseppe Recchi.

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