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Telecom Italia Ditches Inwit Tower Deal

Summary

  • Telecom Italia will not renew its mobile-tower contract with Inwit.
  • The current contract expires in August 2030.
  • This move is part of optimizing infrastructure costs.
Telecom Italia Ditches Inwit Tower Deal

Telecom Italia SpA has announced it will not renew its mobile-phone tower agreement with Inwit SpA, a decision made by its board on Sunday. The existing contract, which would have extended through 2038, will not be extended beyond its expiration in August 2030.

This decision is part of Telecom Italia's ongoing strategy to optimize its infrastructure cost base. The company plans to enter negotiations with Inwit to establish a multi-year migration plan that will ensure continued operational services.

Ardian SAS, which holds a significant stake in Inwit, had previously cautioned Telecom Italia that an early withdrawal could breach investment terms. The current agreement was valued at approximately €2 billion from 2026 through 2030.

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