Swisscom says could take years to solve Italian tower dispute
Telecoms company Swisscom said it could take around five years to end its reliance on Italian tower operator INWIT and reported a 4.5% fall in its first-quarter Italian revenue year-on-year.
Meanwhile, it said it was working to speed up the integration of Vodafone Italia, which it acquired with effect from January last year. Efforts have been complicated as Fastweb wants to exit its tower-sharing contract with Italian infrastructure company INWIT to migrate to a new arrangement with Telecom Italia, or TIM. INWIT says the contract runs until 2038 and said in March it planned legal action.
