Log in
Show password
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 
  1. Homepage
  2. Equities
  3. Italy
  4. Borsa Italiana
  5. Inwit S.p.A.
  6. News
  7. Summary
    INW   IT0005090300


SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Inwit S p A : enters the dedicated highway coverage sector for road and motorway tunnels

07/30/2021 | 03:29am EDT


Rome, 29 July 2021 - The Board of Directors of INWIT today approved the transaction to acquire from Vodafone Italia around 700 antenna systems for dedicated coverage of road and motorway tunnels, for around 1000 km, and 40 DAS systems.
The tunnel assets includes significant stretches of national road connections in terms of the number, location and the need for mobile phone coverage in tunnels.
The acquisition positions INWIT as a national long-term connectivity player in the road segment. In line with the investment plan, INWIT, in its role as neutral host, is planning the necessary technological adjustments to this infrastructure to ensure the public utility service and continuous improvement of the connectivity provided by operators to travellers. The transaction is part of the digitisation process to support smart roads, which will require IoT systems to acquire and send information on the state of the road infrastructure and to monitor safety conditions.
The approximately 40 DAS (Distributed Antenna System), which support a variety of technologies to optimise indoor coverage in locations with high footfall, enhance the INWIT offer. These infrastructure (at present there are 5,300 distributed throughout Italy) ensure the most effective reception of mobile telecommunications services and are made available to all mobile operators. The DAS included in the transaction cover some important hotels, stadiums, sports facilities and offices.
The agreement, structured as the acquisition of a business branch, involves an investment of around 70 million euros, and is consistent with the objectives of INWIT's Business Plan, which involves deploying indoor and outdoor micro-coverage through the installation of DAS and small cells to support all market operators. The transaction is expected to contribute over time to the development of INWIT's revenues, following a specific investment plan, for a forecast run-rate of over 10 million euros, to be achieved gradually over the next few years.
The transaction is due to be closed between the third and fourth quarters of 2021, once golden power authorisation and the consent of some contractual counterparties have been obtained.
Along with the closing of the transaction, INWIT and Vodafone Italia will sign a service agreement to host Vodafone Italia on the systems included within the scope of the transaction, on a multi-tenant basis, and therefore with the prospect of also hosting third party operators on the same systems.
Transactions with related parties
Considering the correlation between INWIT and the counterparty - as Vodafone Italia is indirectly controlled by Vodafone Group Plc. which indirectly controls Central Tower Holding Company B.V. which, in turn, exercises control over INWIT - and the transaction amount, it is considered a related-party transaction of lesser importance as it does not exceed the significant reporting thresholds indicated by the CONSOB Regulation adopted with resolution no. 17221 of 12 March 2010 as subsequently amended. In implementation of said regulation, the transaction was therefore submitted for prior examination by INWIT's Related Party Committee which expressed a favourable opinion having ascertained the company's interest in completing the transaction as well as the substantial correctness and suitability of the conditions.


INWIT - Infrastrutture Wireless Italiane S.p.A. published this content on 30 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 July 2021 07:28:08 UTC.

ę Publicnow 2021
All news about INWIT S.P.A.
10/21INWIT S P A : Closing of acquisition from Vodafone Italia of around 700 tunnel assets for ..
10/21Infrastrutture Wireless Italiane S.p.A. completed the acquisition of 700 radioelectric ..
10/13INWIT S P A : brings the tower of the future to the Earth Technology Expo
09/27INWIT S P A : builds the first wooden mobile telecom tower
09/15INWIT S P A : is 2nd italian company in the Diversity & Inclusion Top 100 index and 2nd in..
09/09ANALYST RECOMMENDATIONS : Boohoo, Boston Beer, Cisco Systems, Eversource, Frontline...
09/02Tranche Update on Infrastrutture Wireless Italiane S.p.A.'s Equity Buyback Plan announc..
08/04INWIT S P A : Notice of filing half-year Financial Report at June 30
08/03INWIT S P A : EIB stands beside INWIT for a more connected Italy
07/30INWIT S P A : enters the dedicated highway coverage sector for road and motorway tunnels
More news
Analyst Recommendations on INWIT S.P.A.
More recommendations
Sales 2021 785 M 910 M 910 M
Net income 2021 192 M 223 M 223 M
Net Debt 2021 4 061 M 4 709 M 4 709 M
P/E ratio 2021 46,9x
Yield 2021 3,26%
Capitalization 9 394 M 10 891 M 10 892 M
EV / Sales 2021 17,1x
EV / Sales 2022 15,7x
Nbr of Employees 237
Free-Float 33,6%
Chart INWIT S.P.A.
Duration : Period :
Inwit S.p.A. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends INWIT S.P.A.
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus BUY
Number of Analysts 21
Last Close Price 9,78 €
Average target price 12,13 €
Spread / Average Target 23,9%
EPS Revisions
Managers and Directors
Giovanni Ferigo Chief Executive Officer, Director & GM
Diego Galli Head-Administration, Finance & Control
Emanuele Tournon Chairman
Massimo Scapini Head-Technology Governance & MSA
Elisa Patrizi Head-Operations & Maintenance
Sector and Competitors