INWIT eyeing European towers for potential M&A

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Source: INWIT

Vodafone and Telecom Italia TowerCo joint venture lays out framework for “financial flexibility”, enabling M&A when opportunities arise. CEO Giovanni Ferigo claims organic growth remains the focus, but admits interest in smaller European players. Capital allocated to enable inorganic options.

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“The detail is very good. Better than we get internally.” – GM, Vodafone OpCo