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Wireless

Italy's Linkem confirms EUR 100 mln BlackRock investment

Friday 13 January 2017 | 11:32 CET | News
Italian operator Linkem has confirmed that funds managed by US investment company BlackRock have committed to invest EUR 100 million to accelerate the growth of the operator's fixed wireless network across the country. In a statement, Linkem said the equity investment was made on behalf of BlackRock clients and existing investors, including Leucadia National Corporation and Cowen Group. It brings the total equity capital invested in Linkem to over EUR 500 million, one of the largest examples of recent foreign direct investment into Italy.

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Categories: Mobile & Wireless
Companies: Linkem Mobile
Countries: Italy
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