Infracom buys ATLC

19 May 2003

Upstart Italian telecoms firm Serenissima Infracom has revealed it is to buy the telecoms business of toll road operator Autostrade Telecomunicazioni (ATLC) for EUR93 million. ATLC operates a 4,000km fibre-optic national transmission network and also owns more than 20 metro area networks (MANs) in major Italian cities. The acquisition remains subject to clearance from the EC.