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Fastweb, Iliad vying for Wind, 3 Italia assets - report

2016-06-24 08:58:00| Telecompaper Headlines

(Telecompaper) VimpelCom and CK Hutchison have potential deals in place with broadband provider Fastweb and Xavier Niel's Iliad to establish a new mobile operator in Italy, according to an unnamed source cited by the Financial Times. The news appears to confirm previous reports indicating that Wind and 3 Italia, the Italian subsidiaries of VimpelCom and CK Hutchison, have offered to sell assets including 8,000 network sites, frequencies and a roaming deal to create a fourth mobile operator in Italy and convince EC regulators to approve their proposed merger. The companies are waiting for European antitrust authorities to express their view this week before deciding which would be the best fit for the deal, according to the FT's source.

Tags: report italia wind assets

Wind, 3 Italia prepared to free up spectrum, 8,000 sites

2016-06-13 08:30:00| Telecompaper Headlines

(Telecompaper) Wind and 3 Italia, the Italian subsidiaries of VimpelCom and Hutchison Whampoa, have offered to sell assets including 8,000 network sites, frequencies and a roaming deal to create a new mobile operator in Italy and convince EC regulators to approve their proposed merger, reports Reuters. The companies are willing to free up frequencies from 900 MHz to 2640 MHz covering cities and rural areas, according to a European Commission questionnaire seen by Reuters. In addition, the new operator would receive up to 5,425 network sites and would be able to request a further 3,000. Both spectrum and sites would be made available over several stages to end-2019, said the report.

Tags: free sites italia prepared

Fastweb, Iliad, Digicel bid for Wind, 3 Italia assets-report

2016-06-08 15:59:00| Telecompaper Headlines

(Telecompaper) VimpelCom and CK Hutchison have received preliminary bids for some of the assets owned by their Italian subsidiaries Wind and 3 Italia from Fastweb, Iliad and Digicel, according to unnamed sources cited by Bloomberg. The assets include redundant frequencies and around 5,000 wireless towers and would be used to create a new mobile operator in Italy with a view to persuading the European Commission's anti-trust authorities to green light the merger of Wind and 3 Italia. The preliminary bids were presented to EU competition commissioner Margrethe Vestager, said the sources.

Tags: italia bid wind fastweb