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TIT Telecom Italia SpA

0.2282
0.0064 (2.89%)
Last Updated: 14:49:23
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
  0.0064 2.89% 0.2282 0.2281 0.2283 0.2305 0.2214 0.2219 226,908,885 14:49:23

Telecom Italia Secures Funding for Mobile Tower Merger -Reuters

02/07/2019 3:10pm

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Telecom Italia (BIT:TIT)
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--Telecom Italia SpA (TIT.MI) has secured funding of up to 2.5 billion euros ($2.83 billion) from a group of banks to help its Inwit unit merge its towers with those of Vodafone Group PLC (VOD.LN), Reuters reports, citing people familiar with the matter.

--The Italian telecoms operator--which owns 60% of Inwit--and Vodafone agreed in February to look into combining their 22,000 telecoms towers in Italy into a single unit, Reuters says, adding that the two companies are expected to approve a tower merger in August.

 

Full story: https://reut.rs/328d8sn

 

Write to Barcelona editors at barcelonaeditors@dowjones.com

 

(END) Dow Jones Newswires

July 02, 2019 09:55 ET (13:55 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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