Italy’s telecommunications tycoon, Retelit, ushers in a new era of growth under the leadership of newcomer CEO, Jorge Álvarez. With the recent Retelit-Irideos merger, Álvarez is set to navigate the future of this B2B market leader, backed by a solid 20-year career in the global telecom industry.
Italy’s Ministry of Enterprise proposes €1.5 billion in support for the nation’s telecom sector, including tax breaks and funding for fiber upgrades, potentially revitalizing the struggling industry and fostering a competitive environment.
Vodafone and Iliad are in negotiations to merge their respective businesses in Italy. Such a merger would provide advantages for both corporations in one of Europe’s most competitive markets and should be positive for the industry in general. Discussions between the two corporations are ongoing, and both sides are actively looking for ways to connect their separate businesses together in Italy. If the merger is approved, it will create a telecommunications giant with over 36% mobile market penetration and combined sales of nearly $6.80 billion. Vodafone and The Iliad both declined to comment on the negotiations. The talks take place as the local incumbent, Telecom Italia, continues to evaluate a $12.25 billion acquisition offer from US investor KKR aimed at taking Italy’s largest phone business private. Industry leaders have frequently recommended the pursuit of four-to-three telecom mergers, which may generate cost synergies and boost margins by reducing…
INWIT, an Italian infrastructure business, has announced the deployment of its first wooden mobile telecommunications tower, made entirely of sustainable materials, as part of a two-year environmental strategy. The tower is located northeast of Milan, next to a large park and a major motorway. The mobile tower’s construction is composed of glued laminated wood, entirely sustainable and circular material, an alternative to steel. The tower is 40 meters tall and has four walkways to position the antennas and radio connections of the hosting operators. The tower is located next to the Est delle Cave Park and will provide cellular network coverage in the region, as well as emergency telephone services, which are especially important for highway traffic on Milan’s A51 Tangenziale Est ring road, close to the tower. INWIT hopes to leverage the project to assist in restoring the park by applying the finest environmental and landscape…
