INWIT to Challenge Fastweb Move to Exit Long-Term Tower Deal

Inwit ( (IT:INW) ) just unveiled an announcement.

INWIT has received a notice of non-renewal of its Master Service Agreement from Fastweb, which took over the contract through Vodafone Italia, now incorporated into Fastweb. The tower operator calls the move unlawful and lacking industrial logic, stressing that the MSA is part of a single 2020 transaction in which it bought Vodafone’s infrastructure for about €5.7 billion under a standard long-term contractual model.

The company argues that, under a change-of-control clause triggered in August 2022, the MSA was validly extended to August 2038 with no termination right for Fastweb during this period. INWIT claims the attempted early termination is a pretext to force a renegotiation, has instructed legal counsel to seek urgent court measures in Milan, and says it remains committed to stable, value-creating relationships that support Italy’s digitalisation despite Fastweb’s refusal of arbitration or assisted negotiations.

The most recent analyst rating on (IT:INW) stock is a Hold with a EUR10.30 price target. To see the full list of analyst forecasts on Inwit stock, see the IT:INW Stock Forecast page.

More about Inwit

Infrastrutture Wireless Italiane (INWIT) is an Italian tower and digital infrastructure operator that owns and manages a widespread, hard-to-replicate network of wireless sites across the country. Its infrastructure, deemed of critical national interest, supports mobile network development by offering high-performance, reliable and efficient hosting solutions to telecom operators nationwide.

Average Trading Volume: 4,823,632

Technical Sentiment Signal: Sell

Current Market Cap: €5.67B

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