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Swisscom, TIM, Fastweb Plan Major Italian Tower Venture

3/20/2026

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Summary

Story summary

Swisscom, together with Fastweb and Telecom Italia (TIM), plans to create a joint venture to develop up to 6,000 mobile tower sites in Italy.
Inwit's shares fell 26% to €6.14, a 52-week low, as TIM and Fastweb/Vodafone account for about 80% of Inwit's revenues.
The joint venture would add about 10% new supply to Italy's tower market, which currently has around 55,000 sites.
Cellnex also saw its shares decline.

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Story summary

Swisscom, together with Fastweb and Telecom Italia (TIM), plans to create a joint venture to develop up to 6,000 mobile tower sites in Italy.
Inwit's shares fell 26% to €6.14, a 52-week low, as TIM and Fastweb/Vodafone account for about 80% of Inwit's revenues.
The joint venture would add about 10% new supply to Italy's tower market, which currently has around 55,000 sites.
Cellnex also saw its shares decline.