TIM sells remaining holding in Inwit

In:

Telecoms and Communications

Region:

Europe

Telecom Italia (TIM) has sold its remaining stake in tower operator Infrastructure Wireless Italiane (Inwit) for €250 million ($273 million) to Ardian.TIM said it had struck a deal to sell its remaining 10% stake in Daphne 3, a holding company for Inwit, which owns 29.9% of Inwit. The...

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