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Wireless

Telecom Italia and Wind towers attract interest - report

Tuesday 18 February 2014 | 10:37 CET | News
Telecom Italia is not the only operator looking to sell its wireless towers to cut debt in the coming months, reports Italian business daily Il Sole 24 Ore. According to unnamed sources familiar with the matter, rival operator Wind Telecomunicazioni also has plans to raise some EUR 500 million by selling its 7,000 towers in multiple packages rather than a single block. Wind is currently in ongoing talks with 3 Italia over a possible merger but may first sell non-strategic assets in a bid to reduce its EUR 9.2 billion debt. In the meantime, Telecom Italia's plans to sell its own 11,000-plus

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Categories: Mobile & Wireless
Companies: 3 Italia / Mediaset / Telecom Italia / Wind
Countries: Italy
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