Italy baulks at Cellnex’s €10bn Hutchison towers buy
Cellnex’s mega-deal to acquire CK Hutchison’s telecoms towers has come up against a regulatory hurdle in Italy.
Cellnex’s mega-deal to acquire CK Hutchison’s telecoms towers has come up against a regulatory hurdle in Italy.
TIM has marked its return to the venture capital space with the launch of UV T-Growth, a fund dedicated to later stage investment in companies linked to 5G technologies.
Having made its mark on the Italian mobile market over the past three years, Iliad has now confirmed it will add to its portfolio and launch fixed services in Italy in the coming months.
TIM has named the Chief Executive of its new FiberCop business and it’s someone who is very familiar with the inner workings of the Italian telco but, sadly, not called Tim.
TIM reported growth in retail fixed lines in the fourth quarter of last year for the first time in 20 years.
When Italian Prime Minister Mario Draghi held the first meeting of his new Council of Ministers there was a very familiar name on the list of attendees.
TIM is pushing ahead with plans to roll out fibre-to-the-home (FTTH) in urban areas of Italy through its new FiberCop unit, via a shared investment model.
Emulating its strategy in France, the latest entrant to Italy’s 5G market undercuts its competitors with a €9.99 per month offer.
Italy’s antitrust authorities are keen to ensure that the planned creation of a new wholesale fibre network won’t harm competition.
BT has agreed to sell a couple of Italian businesses to TIM via a deal of undisclosed value, but that is unlikely to be a big money-spinner for the UK incumbent.
Fixed Wireless Access is one of the best hopes operators have of making money from their 5G investments, so there’s a strong incentive to claim to be the best at it.
Apple made a bunch of claims about the water resistance of some iPhones, but the Italian Antitrust Authority didn’t like them and has fined Apple €10 million accordingly.
The European Commission has given the green light to TIM’s FiberCop plan, which it says does not raise competition concerns.
Enel will look to build wholesale fibre networks in markets outside of Italy, according to its CEO, who also indicated that the sale of its domestic Open Fiber business could be just days away.
TIM and Tiscali have signed contracts governing their agreement to jointly invest in the FiberCorp network project.
TIM’s board of directors has approved the spin-off of the Italian telco’s data centres business into a new company that will start operations in 2021 and is on the look out for external investors.
Italian lawmakers are preparing the ground for another probe into Vivendi’s status as a shareholder of both TIM and Mediaset.
Huawei’s steady stream of European setbacks continues with a report that the Italian government has vetoed a 5G deal between the Chinese vendor and Fastweb.
TIM has awarded the first tender for last-mile fibre-optic cabling for its new FiberCorp unit to a quintet of domestic suppliers.
Last week the US secretary of State visited Italy to lobby for cooperation over 5G security and China wasn’t happy about it.
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Italy baulks at Cellnex's 10bn Hutchison towers buy hhttps://t.co/QV2BtN7mUO##Corporate##Towers
13 April 2021 @ 16:05:33 UTC