News Formal

TIM, Vodafone agree merger of mobile masts, 5G partnership in Italy

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 66%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Italy's biggest phone group Telecom Italia and rival Vodafone agreed on Friday to merge their mobile tower infrastructure and to jointly roll out ...

MILAN/ROME: Italy's biggest phone group Telecom Italia and rival Vodafone agreed on Friday to merge their mobile tower infrastructure and to jointly roll out 5G in Italy.

Both companies could reduce their stake in the merged entity to 25per cent as the venture will be open to others. The deal is subject to approval by Italy's antitrust regulator and INWIT's minority investors at a shareholder meeting likely to be held in December.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US DOJ in talks with states to win support for T-Mobile, Sprint merger: WSJThe U.S. Justice Department is negotiating with state officials to get them to support a planned settlement that would allow T-Mobile US Inc and ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »