MILAN, April 12 (Reuters) - Italy's No. 3 mobile phonecompany Wind said on Friday it will invest 1 billion euros ($1.3billion) to build an ultra-fast fourth-generation (4G) networkin Italy as part of a deal with China's Huawei andanother Italian partner.
Huawei and Italy's Sirti will provide technologies andknow-how for Wind's network, the companies said in a jointstatement.
"This new considerable investment follows last year'spurchase of the LTE (Long Term Evolution) frequencies," Wind CEOMaximo Ibarra said in the statement.
Wind competes in Italy with Telecom Italia,Vodafone and Hutchison Whampoa's unit 3Italia.
Vodafone (VOD)
