Cell Phone News

Wind and 3 Italia fail to sell their jointly-owned cellular towers

By Ben Robinson on Tuesday, September 30th, 2008 at 1:30 PM PST In Financial/Corporate News, Infrastructure, Three

3 italy and wind fail to sell cellular tower network Wind and 3 Italia fail to sell their jointly owned cellular towersItalian Mobile OpCos Wind and 3 Italia have failed to sell their jointly owned cellular tower network – dubbed Eiffel – to local firm Digital Multimedia Technologies (DMT)

Apparently, the sale of the roughly 18,000 Mobile masts had been valued at about 1.5 bn EUR – so not inconsequential! The trend of some Operators either selling off their physical networks, or partnering on networks, seems to have hit and missed on this occasion. One wonders though whether we’ll see this story re-appear with a new (or even same) buyer in the near future…..

[Via: telegeography.com]

Share this:
  • Digg
  • Facebook
  • StumbleUpon

Related News from IntoMobile

What are your thoughts? Leave a comment...

How do I change my avatar?
Go to gravatar.com and upload your preferred avatar



Sign in with Twitter: