Fastweb+Vodafone: binding agreement on joint venture with Tim regarding masts expected by the end of the year
The migration plan is due to end in 2040
(Il Sole 24 Ore Radiocor) - The joint venture between Fastweb+Vodafone and TIM to roll out up to 6,000 new sites is moving forward, with the aim of reaching a binding agreement by the end of the year. This is according to the slides from Swisscom, which controls Fastweb+Vodafone, in its third-quarter financial results. The joint venture was announced last March.
The slides also document the progress made in terminating the MSA (Master Service Agreement) with Inwit, which was terminated by Fastweb. This progress was “supported by the Milan Court’s rejection of Inwit’s application for interim measures”.
As stated in the slides, business continuity is guaranteed through an agreement with Inwit that remains fully in force until March 2028, with access to the masts maintained throughout the migration phase.
The migration plan outlined in the slides provides, in particular, for the MSA to end in 2028 and for a ‘multi-source’ migration to begin, with the migration process concluding 12 years later, in 2040 and beyond.
