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Wireless

Telecom Italia sees 3 worth up to EUR 800 mln - report

Wednesday 17 April 2013 | 15:52 CET | News
Telecom Italia is interested in 3 Italia, but does not want to pay too much for the rival mobile operator, according to local daily Il Sole 24 Ore. The management of Telecom Italia has estimated the value of 3 Italia at between 2.6 percent and 3 percent of Telecom Italia's own value. This would value the company at EUR 700-800 million, far less than the EUR 2 billion envisaged by Hutchison Whampoa, the owner of 3 Italia.

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