Infrastrutture Wireless Italiane SpA

FRA:WI8 (Italy)   Ordinary Shares
€ 10.28 (+0.98%) May 9
22.51
P/B:
2.25
Market Cap:
€ 9.73B ($ 10.49B)
Enterprise V:
€ 14.01B ($ 15.09B)
Volume:
-
Avg Vol (2M):
715.00
Also Trade In:

Business Description

Infrastrutture Wireless Italiane SpA

ISIN : IT0005090300

Share Class Description:

FRA:WI8: Ordinary Shares
Description
Inwit is an Italian wireless tower company born from the spinoff of Telecom Italia's tower assets in 2015. In 2020, Inwit merged its tower assets with those of Vodafone Italia, creating a tower leader in the Italian market with a high-quality portfolio derived from the networks created by Telecom Italia and Vodafone over the past two decades. Inwit owns 23,000 towers, having the highest tenancy ratio and EBITDA margin among the European tower firms. Cellnex is Inwit's main competitor in Italy, owning a similar number of towers.