Telecom Italia considering mobile towers listing - report

Wednesday 24 September 2014 | 09:22 CET | News
Telecom Italia is weighing the possibility of listing its domestic wireless towers on the stock market in 2015 rather than selling them as initially planned, according to two unnamed sources cited by Reuters. "An initial public offering is an option which has been under consideration for some time," said one of the sources, adding that "for Telecom Italia probably the time is ripe." Telecom Italia had expected to conclude the sale of its 10,000-plus broadcast this year, in a bid to raise up to EUR 1 billion. The sale of towers in Italy and Brazil were just two of the cost-cutting measures

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Categories: Mobile & Wireless
Companies: Telecom Italia
Countries: Italy
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