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General

TIM-Vodafone Italia 5G network sharing to cut costs by up to 30% - CEO

Monday 25 February 2019 | 10:42 CET | News
The proposed 5G network sharing deal agreed by Telecom Italia (TIM) and Vodafone will help the two companies substantially cut future infrastructure investment, according to TIM chief executive Luigi Gubitosi. "There will be a considerable reduction in investments of between 20 percent and 30 percent. Investments will now be done together," said Gubitosi according to Corriere delle Comunicazioni. Speaking after the publication of TIM's full-year results, the CEO said the aim is to finalise the agreement by 2019 so that it becomes operational from 2020. Under the terms of the MoU, TIM and

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Categories: General
Companies: Open Fiber / Telecom Italia / TIM / Vodafone Italia
Countries: Italy
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