Wind accepting tower bids until end-October

15 Sep 2014

The Italian fixed line and cellular operator Wind says it will be accepting bids for its mobile tower infrastructure until the end of October. As previously reported by TeleGeography’s CommsUpdate, the Vimpelcom-owned firm is looking to raise at least EUR500 million (USD650 million) from the sale and leaseback of a large part of its tower network in Italy. According to a report from Reuters, Wind is hoping to close the deal by the end of the year.