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Italy's INWIT still sees tower deal with Vodafone closing in H1 next year

Tue, 05th Nov 2019 17:48

MILAN, Nov 5 (Reuters) - INWIT, the mast group controlled by
Telecom Italia, still expects to wrap up a deal with
Vodafone to merge their tower infrastructure in Italy in
the first part of next year, INWIT's head said on Tuesday.

Last week Telecom Italia, INWIT and Vodafone agreed to
postpone by a month to Nov.30 a deadline to get EU antitrust
approval for the deal.

"We're engaged in very constructive talks with the European
antitrust", INWIT CEO Giovanni Ferigo said on a conference call
with analysts.

"I see no reason to change expectations for closing in the
first half of 2020," he said.

(Reporting by Elvira Pollina)

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