Vodafone, Telecom Italia offer rivals access to some sites to ease EU concerns: document
By
Biju Kumar
BRUSSELS: Vodafone and Telecom Italia offered to give rivals access to some of their infrastructure for up to nine years to allay EU antitrust concerns over their plan to create Italy’s largest mobile tower company, according to a document seen by Reuters.
The companies announced their plan last July. It would see Vodafone transfer its Italian mobile masts to INWIT, TIM’s 60%-owned subsidiary. They would each have a 37.5% stake and equal governance rights in the enlarged INWIT.