Italian infrastructure company INWIT has installed a wooden mobile tower in northern Italy to be more sustainable, but we’re unlikely to see masses of them dotting our skylines any time soon.
Selling or spinning off towers is de rigueur among European telcos these days, and it looks like Three UK doesn’t want to be left out.
Less than a month after completing the merger of their towers businesses, Vodafone and TIM have sold an equal chunk of it each to raise some cash.
After announcing their intention to merge their tower businesses last July, TIM and Vodafone have had to wait nine months for the EU to give it a look.
Italy’s largest operator, Telecom Italia, has set the price range it is aiming for from the IPO of 40% of its INWIT telecom tower subsidiary.
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