Telecom Italia, Fastweb to build up to 6,000 telecom towers in Italy

The non-binding deal between TIM and Fastweb, which became Italy's leading mobile player after the 8 billion euro ($9.17 billion) buyout of Vodafone (VOD.L), opens new taboperations in the country, comes after the two rivals in January agreed to jointlyroll out part of their 5G technology to avoid a duplication of investments. Fastweb and TIM are the main customers of Milan-listed INWIT. The long-term contracts under which INWIT hosts on its 25,000 masts across Italy the antennas of the two telecoms operato ...