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Fastweb makes his frequencies Tiscali in the band 3.4-3.6 Ghz. Thanks to the agreement reached last night, the company headed by Aberto Calcagno comes into possession of 40 Mhz belonging to one of the most crucial spectral portions for the development of technology 5G : Tiscali, who held his rights of use until 2023, had recently obtained – with other operators – the extension until 2029.
With a transaction of 150 million euros Fastweb thus obtained a license for 40 Mhz in the band 3.5 Ghz owned by the subsidiary of Tiscali Aria, and the branch of l & # 39; Fixed Wireless Access (Fwa) company supporting 836 towers and 34 full-time employees. 19659002] The frequency band is considered part of the "pioneer group", valuable for 5G. The 40Mhz obtained is contiguous to the 200Mhz that will be auctioned at the 5G auction along with other portions of radio spectrum: the government plans to raise a total of minus 2.5 billion (the basic amount of the auction). Given the amount paid to Tiscali, Fastweb obviously expects the auction to be restarted .
Tiscali will have full access to Fastweb's high performance optical fiber network, which will enable it to increase national land coverage. It will continue to have access to the same FWA infrastructure subject to the acquisition, continuing to provide LTE Fwa services to its customers in areas of extended digital divide.
The agreement follows the partnership already started between the two companies in December 2016. Fastweb The long-term access to a rare and valuable resource, such as a part of the spectrum in the band 3.5 Ghz, has been insured. "We are particularly proud of the agreement with Tiscali as it allows Fastweb to take advantage of the strategic advantage gained with the 5G trials launched in several Italian cities in 2017 and the investments made over the years for FTTx infrastructures ", Alberto Calcagno, CEO of Fastweb . "The long-term possession of a portion of the spectrum as high allows us to accelerate the establishment of a 5G infrastructure in major Italian cities, thus strengthening our leadership in the convergent fixed-mobile market ". Fastweb will also be able to enhance its broadband connectivity offer by using Tiscali's
Tiscali fixed wireless LTE network in addition to providing wireless-based connectivity services. Lte, will expand its ultra-high-speed fixed line offering from the current 8 million to 18 million homes through access to Fastweb's fiber infrastructure that directly covers 30% of households Italian and indirectly 65%. Tiscali will therefore benefit from a significant reduction in operating costs and investment needs. "This agreement represents an excellent opportunity to increase and improve the market presence of Tiscali," Alex Kossuta, CEO of Tiscali said. "In addition to LTE's fixed wireless services, the company will rapidly expand ultra-broadband coverage in Italy at no additional cost, and will be able to reposition itself to pursue its strategic goals more efficiently and effectively."
The transaction is worth about 150 million euros, of which 100 million cash will be paid half in 2018 and half in 2019. To these will be added 10 million euros of debt towards the suppliers whose Fastweb will take over and a wholesale agreement from 4 to 5 years worth 40 million euros ] to allow Tiscali to use Fastweb networks and services. The companies specify that the transaction is subject to the approval of the competent authorities and the introduction, by Tiscali Italia and Aria, of a recovery plan. Fastweb will finance the transaction with its own resources
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