Fastweb acquires Tiscali Business, leases 3.5 GHz spectrum

Nieuws Algemeen Italië 6 DEC 2016
Fastweb acquires Tiscali Business, leases 3.5 GHz spectrum

Italian operators Fastweb and Tiscali have an announced a strategic agreement involving Fastweb’s purchase of Tiscali's business unit for EUR 45 million and its lease of Tiscali's 3.5 GHz spectrum to deploy an innovative convergent network in major Italian cities. The amount paid for Tiscali Business includes EUR 25 million in cash and EUR 20 million in services provided by Fastweb on its network, allowing Tiscali’s consumer, Soho and SME customers to access LTE and fibre technology, above all in digital divide areas. The business segment acquired by Fastweb includes Tiscali’s corporate customers as well as its contract to provide services for the government’s new public connectivity system, or SPC.

The second contract will allow Fastweb to lease Tiscali’s 3.5 GHz spectrum in major Italian cities for an annual fee of EUR 2.5 million for the first five years, which it intends to use to roll out a proprietary mobile network. Fastweb added that the deal would also allow it to strengthen its presence in the region of Sardinia, where a new office will soon be opened and where the operator is looking to grow in the business sector above all. 

Categories:

Algemeen

Companies:

Fastweb,  Tiscali

Countries:

Italië

Tags:

Data services, Network Access, Network operations services, Internet Access, Contract & orders

Related Articles

ITALIË 31 JUL 2019

Fastweb authorised to become Italy's fifth mobile network operator

Fastweb announced that it has effectively become Italy's fifth mobile network operator alongside TIM, Vodafone, Wind Tre and Iliad after receiving the corresponding official authorisation from the country's Ministry of Economic Development (MISE). The high-speed broadband provider set off on the path to convert from an MVNO to an MNO around three years ago when it agreed to use spectrum owned by Sardinia-based Tiscali in urban areas, subsequently reaching a deal to acquire 40 MHz of spectrum in the 3.5 GHz

ITALIË 19 NOV 2018

Fastweb, Tiscali close EUR 198 mln 5G spectrum deal

Italian operator Fastweb has announced the closure of the deal to acquire the Fixed Wireless Access (FWA) division of Sardinia-based Tiscali plus 40 MHz of spectrum in the 3.5 GHz band for a total of EUR 198 million. Under the terms of the agreement first revealed in July and updated last week, Fastweb commits to paying EUR 130 million in cash, plus EUR 55 million for the 4-5 year wholesale agreement and EUR 13 million of debt towards suppliers in a transaction that will provide long-term access to valuable

ITALIË 31 JUL 2018

Fastweb acquires Tiscali 5G spectrum and fixed wireless branch for EUR 150 mln

Italian operator Fastweb has announced a deal to acquire 40 MHz of spectrum in the 3.5 GHz band owned by Tiscali's fully owned subsidiary Aria as well as Tiscali's Fixed Wireless Access (FWA) branch for a total of EUR 150 million. The FWA branch includes infrastructure in the form of 836 towers and 34 FTEs. At the same time, Tiscali has entered into a wholesale agreement with Fastweb to gain full access to its fibre-based network infrastructure and the FWA infrastructure acquired. As a result, Tiscali will

ITALIË 21 SEP 2017

Tiscali posts EUR 24.5 mln profit in H1

Italian operator Tiscali reported revenues of EUR 103.6 million in the six months to 30 June, a 6.9 percent rise compared to the EUR 96.9 million it posted in the year-earlier period. EBITDA came to EUR 14.4 million, up 16.3 percent compared to H1 2016, and the company also reported its first-ever net profit of EUR 24.5 million compared to a EUR 17.7 million net loss a year earlier thanks above all to a capital gain of EUR 43.5 million resulting from the sale of its B2B unit to Fastweb at the end of 2016.

ITALIË 30 MAY 2017

Italian SMEs spent just EUR 240 mln on cybersecurity in 2016

Italian small and medium-sized businesses invested just EUR 240 million in 2016 to protect their data against cyberattacks such as the recent global 'Wannacry' ransomware attack, reports Il Sole 24 Ore, citing data from the Security and Privacy Observatory at Milan Polytechnic university. Italy's information security services market was worth a total of EUR 972 million last year, up 5 percent compared to 2015, but spending was highly concentrated among large companies, which comprised 74 percent of Italian

ITALIË 26 MAY 2017

Court rejects Vodafone appeal against Fastweb PA contract

The Regional Administrative Court of Lazio, the main Italian administrative court of first instance, has dismissed an appeal lodged by Vodafone Italia against Fastweb's contract to provide fixed telephony services to the country's Public Administration (PA) awarded by state procurement agency Consip. Fastweb secured the framework contract for the connectivity services of the country's new public connectivity system, or SPC, after it reached a deal to acquire the Business unit of Italian operator Tiscali at

ITALIË 17 MAY 2017

Fastweb inaugurates Cagliari office

Italian operator Fastweb has opened a new office in Cagliari with a view to strengthening its presence on the island of Sardinia. The office is located in the Sa Iletta area on the outskirts of the city and has been opened just a few months after Fastweb acquired the Business unit of Sardinia-based operator Tiscali for a total of EUR 45 million. The 45 employees of Tiscali Business joined Fastweb, which also acquired the contract to provide services for the government's new public connectivity system, or SP

ITALIË 3 MAY 2017

Tiscali sales up 2.5%, net loss widens to EUR 45 mln in 2016

Italian operator Tiscali reported full-year revenues of EUR 207.2 million in 2016, up 2.5 percent compared to the year-earlier result of 202.1 million. However, the company's net loss widened to EUR 45.0 million from a EUR 18.5 million loss in 2015 due in part to the acquisition of assets following the merger with Italian WiMax provider Aria. Tiscali said it now intended to focus on its core fixed and mobile broadband business after concluding the sale of its business unit to Fastweb and the outsourcing of

ITALIË 4 APR 2017

Tiscali, Open Fiber launch 1Gbps fibre offer in Cagliari

Italian operator Tiscali has announced the commercial launch of its first fibre-optic offer in the Sardinian capital of Cagliari. The company's UltraFibra Giga plan offers download speeds of up to 1Gbps and upload speeds of 300 Mbps and comes without any minimum contract period. The service normally costs EUR 34.95 a month but anyone signing up over the next 7 days will pay EUR 19.95 a month for 3 months and then EUR 29.95 a month. The launch comes around 6 months after Tiscali announced a partnership with

ITALIË 10 MAR 2017

Tiscali to invest EUR 40 mln to bring 4G+ to 1 mln Italians

Italian operator Tiscali has announced plans to invest EUR 40 million to bring LTE-A technology, which it calls LTE Wireless Fibre to the Home (WFTTH), to 1 million customers by the end of 2018. The company said it will increase the number of LTE-A antennas to 500 by the end of this year, rising to 1,000 over the next 18 months. It intends to focus on digital divide areas because its competitors already have a strong presence in Italy's larger cities, said the company's CEO Riccardo Ruggiero.

ITALIË 27 FEB 2017

Fastweb to bring 1Gbps FTTH to all of Milan by summer

Italian operator Fastweb has announced that its 1Gbps fibre-optic broadband service will cover the whole of Milan by summer. The service, dubbed 'Fastweb UltraFibra', was launched in the Garibaldi area of Milan in December and will be expanded to 50 percent of all households and offices in the city by April, before covering the entire city in time for the summer months. The service also comes with the operator's new FastGate configurable router as well as free access to the 'Wow Fi' community-based Wi-Fi se

ITALIË 22 FEB 2017

Fastweb receives EUR 240 mln EIB loan - report

Italian operator Fastweb has received a EUR 240 million loan from the European Investment Bank to help fund the continued expansion of its broadband network, reports MF Online. The loan is part of the programme to reduce the digital divide in Italy, with Fastweb itself earmarking some EUR 487 million to double the speed of its network to 200 Mbps and bring fibre-optic broadband services to 13 million households and businesses in 500 cities by 2020. The company successfully applied for and received loans fro

ITALIË 13 FEB 2017

Fastweb, Tiscali deals enter into force

Italian operators Fastweb and Tiscali have confirmed that the two deals between the companies first announced back in December have entered into force. The first sees Fastweb acquiring Tiscali's Business unit, including its top client segment as well as the framework contract for the connectivity services of the country's new public connectivity system, or SPC, for a total of EUR 45 million. The second contract will see Fastweb leasing Tiscali's 3.5 GHz spectrum in major Italian cities for an annual fee of

ITALIË 6 FEB 2017

Tiscali starts implementing IT outsourcing contract

Italian operator Tiscali announced that the agreement to outsource its IT services to Engineering Ingegneria Informatica, first announced in December, began its full implementation on 01 February. The operator said the seven-year deal will save it around EUR 1.5 million a year from outsourcing and result in improved infrastructure and applications as well as 20 percent lower operating costs. Some 170 Tiscali employees will transfer to Engineering as part of the deal, with the company's workforce now numberi

ITALIË 27 JAN 2017

Italy's Tiscali revamps mobile offer

Italian operator Tiscali has revamped its mobile offer, launching three new tariffs under its Open range. Tiscali Mobile Open 1 Giga comes with 100 minutes of calls to all operators and 1GB of data for EUR 5 every four weeks, while Open 4 Gigas includes 600 minutes of calls to all operators, unlimited calls to Tiscali Mobile numbers, 600 SMS plus 4GB of data for EUR 9 every 28 days. Finally, Open 6 Gigas comes with 1,000 minutes of calls to all operators, unlimited calls to Tiscali Mobile numbers, 1,000 SMS

Just In

19 DEC 16:42

SLT-Mobitel launches 5G network in Sri Lanka

19 DEC 16:19

Dialog Axiata launches 5G network, connects 1.5 million subscribers

19 DEC 15:56

UK govt to ban AI-enabled nudification apps to protect women, girls

19 DEC 15:42

3 UK launches last-minute Christmas sale

Commentary

13:56

Video market set for slower growth ahead

11:38

Netflix buys Warner Bros to deepen content catalogue

11:11

KPN's mixed performance in Q3 raises questions for strategy day

15:26

Stock markets breaking records but what happened to Odido's IPO plans?

Background

01:04

The week in telecom: Wi-Fi bolt-ons take off to boost broadband growth, video market works on consolidation

01:39

The week in telecom: Netflix wins bidding for Warner Bros, Apple poaches new execs, Samsung debuts trifold

13:51

Proximus vs. Telenet: Proximus performs better in Q3 while Telenet uses up cash

14:16

Proximus Domestic still struggling with low margins

Complete profile

Before downloading the whitepaper, we would like to ask you to complete your profile with company and position. After confirming you will receive the white paper.