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General

Italian regulator approves Tiscali-Aria merger

Thursday 24 December 2015 | 08:34 CET | News
Italian broadband operator Tiscali has confirmed the completion of the merger with WiMax operator Aria after it received the approval of markets regulator Consob. "With this transaction, Tiscali has strengthened its balance sheet, significantly improving the financial profile of the company. At the same time, with this integration, Tiscali has relaunched its industrial proposal at a time of great technological and market opportunities, to roll out an ultrabroadband network serving the country's digital transition," said Tiscali's executive chairman Renato Soru in a statement.

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Categories: General
Companies: Aria / Tiscali
Countries: Italy
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