TI names tower sale advisors

27 Jan 2015

Telecom Italia (TI) has appointed Deutsche Bank and Banca Imi as advisors to the planned stock market listing of its domestic wireless tower network. According to a report from news agency Radiocor, the telco is hoping to raise up to EUR1 billion (USD1.1 billion) from the public offer, having already brought in around EUR900 million from the sale of its Brazilian mobile tower network to American Tower Corp in November.

Italy, Telecom Italia (TIM), Telecom Italia Group (TIM Group)