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Wireless

Italian ISP Go Internet seeks EUR 5 mln capital hike for 3.5GHz rights

Wednesday 12 December 2018 | 11:23 CET | News
Italian operator Go Internet has announced a proposal to increase its share capital by a maximum of EUR 5 million to give it the financial resources necessary to pay for the extension of rights to use 3.4GHz-3.6GHz spectrum for a further 6 years. Specifically, the resources will be used to implement and expand 5G-ready network infrastructure in the Marche and Emilia Romagna regions. The Gubbio-based company said the rights correspond to the 2023-2029 period and the proposal will be submitted to the approval of an extraordinary shareholders' meeting.

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Categories: Mobile & Wireless
Companies: GO Internet / Open Fiber
Countries: Italy
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