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Wireless

Sky, Iliad, Tiscali in talks over Wind-3 Italia assets

Monday 23 May 2016 | 15:02 CET | News
VimpelCom and CK Hutchison are holding talks with Sky, Iliad, Tiscali and Fastweb over the sale of assets owned by their Italian subsidiaries Wind and 3 Italia, according to unnamed sources cited by Bloomberg. The assets would be used to create a new mobile operator with a view to persuading the European Commission's anti-trust authorities to green light the merger of Wind and 3 Italia, said the sources. The operators are offering to sell redundant frequencies and around 5,000 wireless towers to facilitate the entry of a new competitor and overcome concerns about price increases and reduced

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Categories: Mobile & Wireless
Companies: 3 Italia / European Commission / Fastweb / Iliad / Sky / Telecom Italia / TIM / Tiscali / Vimpelcom / Wind
Countries: Italy
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