Invite:The company, listed on Euronext Milan and active in the field of electronic telecommunications infrastructure, has signed a formal agreement that provides: Option right to purchase 51% exclusive controlling share. of the capital of Boldyn Networks Smart City Roma, which won the Rome 5G project concession tender. Closing is expected during the third quarter of 2024.
The agreement includes a further option (call) in favor of Inwit to purchase the remaining block of shares and a right to sell (put). It additional 49% options can be implemented after project testing.
The agreement fits business plan 2024-2026 of Inwit and is in line with its intended strategy investments from a “neutral host” perspective support telecommunication operators’ network projects aimed at providing the growing demand for integrated macro- and micro-grids, external and internal digital infrastructures, particularly in significant smart city projects.
Ill Rome 5G project represents a public-private partnershipWith a 25-year concession for the construction, management, operation and maintenance of the infrastructure that will equip the metros and the main public places of the capital of Rome with 5G, Wi-Fi and the Internet of Things, also on the occasion of the jubilee. 2025 In general, the Plan envisages more than 90 million euros of infrastructure investments over the next 5 years, part of which will come from the public sector.
