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Telecom Italia Said to Boost Tower IPO to Up to $1.1 Billion

2015-05-22 16:31:29| Telecom - Topix.net

The unit, called Inwit, is worth 2 billion euros to 2.4 billion euros, according to the advisers' latest and final assessment, the people said. They asked not to be identified because the review was sent only to investors and isn't yet public.

Tags: to up italia tower

 

KT teams up with Swedish telecom giant for 5G, IoT

2015-05-22 02:25:07| Telecom - Topix.net

Top executives of South Korea's largest telecommunications firm KT and Stockholm-based mobile carrier TeliaSonera met in Seoul Thursday to discuss collaboration on the next-generation 5G network and the Internet of Things, which connects objects over networks. Providing telecom services for more than 72 million subscribers across 17 North European and Central Asian nations, TeliaSonera is the largest mobile carrier in Northern Europe and launched the Long-Term Evolution service for the first time in the world in Stockholm and Oslo in 2009.

Tags: teams giant telecom swedish

 
 

Telecom Italia reveals plan to sell towers

2015-05-22 02:00:00| Total Telecom industry news

Italian telco announces that it will offload 40% stake in INWIT via IPO.

Tags: plan sell italia telecom

 

Telecom Italia confirms IPO of 40% of tower unit Inwit

2015-05-21 08:46:00| Telecompaper Headlines

(Telecompaper) Telecom Italia has announced its intention to sell 40 percent of its tower unit Inwit on the Milan stock exchange. The company added in a statement that it was still waiting for Italian market regulator Consob and the Italian stock exchange to approve the operation but that Banca IMI, Deutsche Bank and Mediobanca have been appointed joint global coordinators. Inwit (Infrastrutture Wireless Italiane) owns, operates and leases a total of 11,500 mobile phone towers for Telecom Italia and other mobile telecoms operators.

Tags: unit italia tower telecom

 

Charter Communications Up on M&A Extension, Verizon Falls on Lawsuit -- Telecom Winners & Losers

2015-05-21 02:18:48| Telecom - Topix.net

Charter Communications rose 0.33% to close at $181.64, on a day when the Nasdaq Telecom Index fell 0.37% to end at 283.38. The cable and television company rose after the companies on Monday said they plan to extend their negotiating period by 30 days and expect to strike an agreement under the terms of its previously announced $10.4 billion deal, according to an Associated Press report .

Tags: communications falls extension telecom

 

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