Telecom Italia to sell digital-terrestrial broadcasting outfit

Telecom Italia (TIM) and GEDI Gruppo Editoriale have agreed to sell digital-terrestrial broadcasting outfit Persidera to F2i and EI Towers for an enterprise value of €240 million. TIM owns a 70% stake in the broadcasting company, and GEDI Gruppo Editoriale holds 30%. Under the terms of the deal, which is subject to regulatory approval, Persidera […]

Telecom Italia says it’s still in control of Persidera sale

Telecom Italia (TIM) has said that the transfer of its majority stake in transmission towers outfit Persidera to a trust does not affect its control of the sale of the stake, over which it “retains full and exclusive ownership”. TIM said that “incorrect information” had appeared in some press reports, the award to Advolis – […]

Rai Way in bid for Telecom Italia DTT towers business

Italian digital-terrestrial TV platform operator Rai Way has teamed up with financial investor F2i Fondi Italiani per le Infrastructture (F2i) to launch a joint bid for Telecom Italia-owned Persidera. The deal would see F2i hold and manage the rights of use of the spectrum currently granted to Persidera for its DTT multiplexes, while Rai Way […]