EQT Acquires 60 Percent Stake in Company Operating Wind Tre’s Network Infrastructure

Stockholm-based private equity firm EQT Infrastructure has announced its acquisition of a 60 percent stake in a newly created entity, referred to as the “Company,” which will own and operate the mobile and fixed network infrastructure of Italy’s Wind Tre. CK Hutchison, the current owner of Wind Tre, will retain a 40 percent stake in the Company. The transaction values the newly formed entity at approximately EUR 3.4 billion.

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Also Read: WindTre FWA 5G Service Available in Five Regions of Italy

Growing Demand for Robust Digital Infrastructure in Europe

According to the official release, The need for robust and reliable digital infrastructure has been on the rise across Europe, driven by the increasing demand for mobile data traffic, 5G network densification, Internet of Things (IoT) applications, and emerging technologies.

Recognizing the need for significant investments and expansions in the Italian mobile network, this transaction aims to meet the growing demand for digital connectivity in the country.

Company to Become Italy’s Largest Mobile Network Operator

Following the carve-out from Wind Tre, the Company will become the largest mobile network operator in Italy. It will take ownership and management of Wind Tre’s mobile and fixed network infrastructure assets, including radio antennas, base stations, transport networks, and associated contracts. The Company will provide wholesale connectivity services to Wind Tre and other Italian mobile operators, said the official release.

Also Read: TIM Secures 360 Million Euros Loan From EIB for 5G Network Expansion in Italy

Advanced Network Coverage and Wholesale Services