Rai Way

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 […]

Rai completes successful IPO for transmission unit

Italian public broadcaster Rai’s transmission tower subsidiary Rai Way has successfully completed its IPO, with its share price rising significantly after the company began trading. Rai Way set its IPO price last week at €2.95, at the bottom of its initial price range, valuing the company at €802 million. The company said at the time […]