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Poste Italiane picks Vodafone for mobile services, TIM and Open Fiber for new fibre venture

2020-07-24 10:52:00| Telecompaper Headlines

(Telecompaper) The Italian post office (Poste Italiane) announced new contracts with Telecom Italia (TIM) and wholesale operator Open Fiber to bring fixed line high-speed broadband services to residents and businesses all over the country, above all in digital divide areas. "Thanks to this agreement, Poste Italiane will provide the country with fibre-optic services using ultra-broadband technologies, combining the capillarity of the post office network with the expansion of TIM's fibre network throughout the country," confirmed TIM in a brief statement.

Tags: new services open mobile

 

TIM, Vodafone sell joint 8% stake in Inwit towers unit for EUR 800 mln

2020-04-23 08:57:00| Telecompaper Headlines

(Telecompaper) Telecom Italia (TIM) and Vodafone Italia have sold an 8 percent stake in their jointly-owned towers company Inwit for a total of around EUR 800 million with a view to reducing debt. In separate statements, TIM and Vodafone each confirmed that they successfully completed the sale of 41.7 million shares of Inwit, equal to around 4.3 percent of the share capital, at a price of EUR 9.60 per share, resulting in gross proceeds to each company of around EUR 400 million.

Tags: sell eur unit joint

 
 

EU approves Vodafone, TIM towers deal with conditions

2020-03-09 08:58:00| Telecompaper Headlines

(Telecompaper) The EC added that the newly-merged Inwit will only be able to refuse to provide space on such towers for technical reasons, setting out in writing the reasons for such refusal and allowing an independent expert to resolve any possible disputes. Additional conditions include a commitment on the part of Inwit, Telecom Italia and Vodafone not to exercise any early termination right as regards all existing hosting contracts and framework agreements in place and a pledge to offer the opportunity to extend those contracts and agreements.

Tags: conditions deal tim vodafone

 

Vodafone and TIM to get green light to make Europes largest tower company

2020-03-06 01:00:00| Total Telecom industry news

Vodafone and Telecom Italia (TIM) have been trying to merge their tower assets since July last year. The goal is to transfer Vodafone’s Italian towers to INWIT, a TIM subsidiary, thus creating Europe’s largest tower infrastructure company…read more on TotalTele.com »

Tags: make company light green

 

TIM, Wind Tre, Vodafone and Fastweb fined EUR 228 mln over 28-day billing collusion

2020-02-03 09:27:00| Telecompaper Headlines

(Telecompaper) Italy's antitrust and competition authority AGCM has fined the operators Telecom Italia (TIM), Wind Tre, Vodafone Italia and Fastweb a total of EUR 228 million following a probe into possible collusion over their controversial 28-day billing practices. The operators were accused of infringing competition rules by collectively agreeing to raise their prices after introducing 28-day billing in 2017, effectively resulting in a 13th monthly bill every year.

Tags: eur wind tim tre

 

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