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General

Wind Tre planning to set up new towers unit, sell data centres

Friday 15 March 2019 | 10:52 CET | News
Italian operator Wind Tre is examining the possibility of creating a newco for its towers business, selling off its data centres and transferring staff to Milan, according to a reorganisation plan presented to trade unions and seen by news agency Radiocor. The company reportedly intends to set up a new unit called "Pisa" for the 7,000 towers it still owns following the merger of Vimpelcom's Wind with Hutchison's 3 Italia back in January 2017. It would then sell off 49 percent of the tower unit to raise funds while maintaining control, said the report.

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Categories: General
Companies: Wind Tre
Countries: Italy
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