trending Market Intelligence /marketintelligence/en/news-insights/trending/0u1HDD3vyWexIOTvUUnHWA2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Vivendi reps on Telecom Italia board back EI Towers' bid for INWIT stake

Blog

Charter, DIRECTV and Comcast rank as the top 'RSN-friendly' MVPDs

TMT News & Research: 2020 Recap

Quibi's $2 billion bet on mobile video fizzles out

Cable nets struggle with cash flow declines due to cord cutting, pandemic


Vivendi reps on Telecom Italia board back EI Towers' bid for INWIT stake

VivendiSA's four representatives on Telecom Italia SpA's board are reportedly urging theItalian telco to support EI Towers SpA's for a stake inInfrastrutture Wireless Italiane SpA, or INWIT.

The Vivendi board members prefer the offer from -backed EI Towerssince it would enable Telecom Italia to retain a bigger share of its towersunit, Telecompaper reported March 29, citing La Repubblica.

In contrast, the bid from a consortium between 's Cellnex Telecom and Italian infrastructure fundF2i would allow Telecom Italia to keep only less than 15% of INWIT.

The sale of the INWIT stake was reportedly one of thereasons for Vivendi's spat with former Telecom Italia CEO Marco Patuano, whichled to the latter's resignation.