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TIT Telecom Italia SpA

0.2262
0.0044 (1.98%)
03 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Telecom Italia SpA BIT:TIT Italy Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.0044 1.98% 0.2262 0.225 0.2299 0.2305 0.2214 0.2219 270,771,323 17:00:00

EC to Give Condition Approval to Vodafone, Telecom Italia Tower Deal, Sources Say --Reuters

05/03/2020 7:22pm

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Telecom Italia (BIT:TIT)
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From May 2019 to May 2024

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--The European Commission is set to give conditional approval to a deal between Vodafone Group PLC and Telecom Italia SpA that will result in the creation of Europe's largest mobile towers company, Reuters reports Thursday, citing sources.

--The EC is slated to give its decision on Friday, though declined to comment, the report said, adding both companies also declined to comment.

--Under the terms of the deal, which was announced in last July, Vodafone will sell its Italian tower unit to Infrastrutture Wireless Italiane SpA, which is a subsidiary of Telecom Italia.

 

Full story: https://www.reuters.com/article/us-telecom-it-m-a-vodafone-group-eu-excl/exclusive-vodafone-tim-to-win-conditional-eu-approval-for-tower-deal-sources-idUSKBN20S24T

 

Write to Stephen Nakrosis at stephen.nakrosis@wsj.com

 

(END) Dow Jones Newswires

March 05, 2020 14:07 ET (19:07 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

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