Inwit confirms interest in Wind Tree and Vodafone transmission towers (translated)
08 NOV 2018
Inwit [BIT:INW], the telecoms transmission tower network controlled by Telecom Italia [BIT:TIT] is interested in the transmission towers being sold off by Italian mobile telco Wind Tre, and also the Italian transmission towers owned by Vodafone [LON: VOD].
A report in the Italian language daily Milano Finanza cited Inwit CEO Giovanni Ferigo who said the company was interested in the steps Vodafone would take for its Italian transmission towers and was looking at making a bid for a majority stake in the newco being set up to hold Wind Tre's transmission towers.
The item cited Ferigo as stressing that Inwit had no interest in taking a minority stake in the newco.
Ferigo added that the Vodafone transmission towers were of more interest.