Press Release
TIM and Fastweb + Vodafone have signed a non-binding agreement for the construction and operation of new mobile towers (passive infrastructure) in Italy, with the prospect of creating up to 6,000 new sites. The joint initiative also aims to accelerate the national rollout of 5G.
The project will enable TIM and Fastweb + Vodafone to improve operational efficiency and align costs with the European average, while maintaining high infrastructure quality standards and the technological flexibility needed to develop next-generation networks.
The initiative will initially be implemented through a joint venture owned equally by TIM and Fastweb + Vodafone, with the aim of evaluating the entry of third-party investors into the company at a later stage to optimize its financial structure. The infrastructure will also be made available to third-party telecommunications operators under an open access model.
Construction activities will begin according to a multi-year development plan. TIM and Fastweb + Vodafone will act as anchor tenants of the new infrastructure, signing long-term agreements for the use of the towers at market conditions. The parties will also evaluate the possibility of providing additional services.
The initiative contributes to strengthening the sustainability of the telecommunications sector in Italy and will allow for greater resources to be allocated to the development of next-generation networks. The project is subject to the necessary authorizations from the relevant authorities.
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