Vodafone, Telecom Italia offer rivals access to sites to allay EU antitrust concern


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Vodafone, Telecom Italia offer rivals access to sites to allay EU antitrust concern

Italy’s largest telecom service provider, Telecom Italia alongside Vodafone had reached an accord to grant their rivals access to some infrastructure for up to nine years ahead of their planner merger of tower units, marking up an aggressive move for the telecom giants to soothe up EU antitrust concerns, a company document seen by a press agency reporter had revealed on Tuesday, the 18th of February 2020.

In point of fact, latest move from Telecom Italia and Vodafone came forth nearly eight months after the companies had announced a plan to form the largest mobile tower group in Italy by transferring Vodafone’s Italian mobile masts to TIM-owned INWIT, an Italy-based provider of wireless infrastructure and radio transmission equipment.

Apart from that, following completion of the $10.8 billion (€10 billion) merger of Vodafone and Telecom Italia, TIM and Vodafone would equally share governing rights and hold 37.5 per cent stakes each, while the merger deal had also involved a network sharing agreement alongside a joint venture to rollout fifth-generation network development across the bloc’s third-largest economy.

Nonetheless, while being asked about the subject-matter, neither Telecom Italia nor TIM had agreed to comment over the issue given the scale of sensitivity.