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Swisscom to sell stake in Metroweb ahead of broadband network launch

Connectivity BusinessbyConnectivity Business
August 5, 2016
in Investments, Space Services
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Swisscom Italia has agreed to sell a 10.6% stake in local fixed-line unit Metroweb to its main shareholder Metroweb Italia for €80m (US$89.1m). The Swiss incumbent’s Italian subsidiary said closing of the transaction is expected to take place this autumn, subject to Italian competition approval. Swisscom Italia has agreed to sell a 10.6% stake in Milanese fixed-line unit Metroweb to its main shareholder Metroweb Italia for €80m (US$89.1m). The […]

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Tags: CK HutchisonEnelEnel Open Fiber (EOF)EuropeFastwebIliad (Free)MetrowebMetroweb ItaliaPremiumSwisscomSwisscom ItaliaTelecom ItaliaTF248VimpelCom
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