0
Broadband

Retelit secures EUR 53 mln loan for Brennercom buy

Monday 23 March 2020 | 09:51 CET | News
Italian telecommunications infrastructure provider Retelit has secured a EUR 53.2 million loan from a syndicate of banks, with Banca IMI as arranger and agent, for the acquisition of 100 percent of the shares of Bolzano-based ICT and telecommunications operator Brennercom from the Athesia Group. Retelit said the loan will be provided through two additional credit lines and the remainder through a credit line made available by the same bank syndicate in October last year.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Fixed
Companies: Brennercom / Retelit
Countries: Italy
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Italy's Retelit launches marketing campaign following acquisitions

Published 13 Oct 2020 08:52 CET | Italy
Italian telecommunications infrastructure provider Retelit has launched a multi-channel marketing campaign to promote the ...

Italy's Retelit joins Gaia-X cloud project

Published 29 Sep 2020 14:13 CET | Europe
Italian telecommunications infrastructure provider Retelit confirmed it is joining the Gaia-X project to build a Europe-wide ...

Retelit closes EUR 58 mln Brennercom acquisition

Published 31 Jul 2020 09:59 CET | Italy
Italian telecommunications infrastructure provider Retelit has completed the acquisition of 100 percent of the shares of ...

Court accepts Retelit appeal against 'golden power' ruling

Published 27 Jul 2020 13:59 CET | Italy
The Regional Administrative Court of Lazio, the main Italian administrative court of first instance, has accepted an appeal ...

Retelit Q1 revenues double to EUR 34 mln following PA Group merger

Published 14 May 2020 09:05 CET | Italy
Italian telecommunications infrastructure provider Retelit reported first quarter revenues of EUR 34.2 million, double the ...

Retelit FY revenues up 14% to EUR 83 mln, targets EUR 242 mln in 2024

Published 13 Mar 2020 09:39 CET | Italy
Italian telecommunications infrastructure provider Retelit reported full-year 2019 revenues of EUR 83.0 million, up 13.8 percent ...

Retelit acquires stake in Milan Internet Exchange

Published 26 Feb 2020 14:24 CET | Italy
Italian telecommunications infrastructure provider Retelit has announced the acquisition of a 1.12 percent stake in Milan ...

Retelit inks MoU with Lybia's LPTIC to create Mediterranean JV

Published 25 Feb 2020 10:04 CET | Italy
Italian telecommunications infrastructure provider Retelit has signed a memorandum of understanding to create a joint venture ...

Retelit inks EUR 52 mln deal to buy Brennercom

Published 18 Feb 2020 09:27 CET | Italy
Italian telecommunications infrastructure provider Retelit has signed a contract to acquire 100 percent of the shares of ...

Retelit completes PA Group buy

Published 15 Jan 2020 15:10 CET | Italy
Italian telecommunications infrastructure provider Retelit has closed its acquisition of Udine-based Partner Associates SpA Group ...

Italy's Retelit completes share buyback programme

Published 10 Dec 2019 09:58 CET | Italy
Italian telecommunications infrastructure provider Retelit announced the completion of a buyback programme of ordinary Retelit ...

Retelit 9-mth revenues up 17% to EUR 59 mln, net profit up 81%

Published 08 Nov 2019 16:14 CET | Italy
Italian telecommunications infrastructure provider Retelit reported revenues of EUR 59.0 million in the 9 months to end ...





Calendar   /   Industry Events

02 Aug SBA Communications Q2
02 Aug NXP Semiconductors Q2
02 Aug Arista Networks Q2
02 Aug Ceragon Networks Q2
02 Aug DSP Group Q2 2021
02 Aug ON Semiconductor Q2
02 Aug DZS Q2
02 Aug Harmonic Q2
03 Aug Infinera Q3 2021
03 Aug Akamai Technologies Q2 2021
03 Aug NeoPhotonics Q2 2021
03 Aug Alibaba Q2 2021
03 Aug RingCentral Q2 2021
03 Aug Bredband2 Q2 2021
03 Aug Sequans Q2 2021
04 Aug Intred Q2 2021
04 Aug Softbank fiscal Q1
04 Aug Lumen Technologies Q2
04 Aug EA fiscal Q1
04 Aug Viavi Q4
04 Aug 8x8 fiscal Q1
04 Aug Digi International fiscal Q3
04 Aug Roku Q2 2021
04 Aug Inseego Q2 2021
04 Aug Qorvo fiscal Q1
04 Aug Aferian interim results
04 Aug Liberty Latin America Q2 2021
04 Aug Smith Micro Q2 2021
05 Aug Motorola Solutions Q2
05 Aug Frontier Communications investors meeting
::: More Calendar Items