INWIT
 | |
 INWIT - Brugherio's Tower | |
| Company type | Public |
|---|---|
| BIT:INW | |
| ISIN | IT0005090300 |
| Industry | Telecommunications |
| Founded | January 14, 2015inMilan,Italy |
| Founder | Telecom Italia |
| Headquarters | , Italy |
Area served | Italy |
| Products | Passive infrastructureformobile phone technology,broadcasting,radio,otherwireless servicesandprivate mobile networks.DAS,Small cells. |
| Revenue | 785,149,790 Euro (2021) |
| 191,406,641 Euro (2021) | |
| Owner |
|
Number of employees | 246 (2021) |
| Parent | |
| Website | inwit.it |
Infrastrutture Wireless Italiane S.p.A.or, in short form,INWIT S.p.A.,is an Italianjoint-stock companyheadquarteredinMilan,which operates in thewireless networkinfrastructuresector.
With over eleven thousand towers, INWIT is currently Italy's major Tower Operator providing, as Neutral Host, widespread coverage throughout the country, hosting the transmission equipment for all main national operators. In addition to hosting telco operators on its towers, INWIT is in the process of setting up aDistributed Antenna System(DAS) network that will guarantee excellent coverage in densely populated urban areas like some of Italy's historic centres and other public areas, as well as in large enclosed areas such as stadiums, railway stations,[2]concert areas,[3]historic villages,[4]museums,[5]hotels.[6]
History
[edit]INWIT was founded on January 14, 2015, and has been operational since April 1, 2015 following thespin-offof the "Tower" branch ofTelecom Italia.[7]From 22 June 2015 INWIT is listed on theMilan Stock Exchangein theFTSE Italia Mid Capindex. During theinitial public offering,the company raised €875.3 million, with a capitalization of around €2.2 billion.[8]Currently the company has achieved a market capitalization of over €5.5 billion.[9]
On March 31, 2020, thanks to an agreement withVodafone,the merger of Vodafone Towers Italia into INWIT was completed.[2][5]
Operations
[edit]In 2018 INWIT confirmed the trend of progressive increase in turnover.Revenueat 31 December 2018 amounted to €378.5 million, up 6.1% compared to the previous year.EBITDAis €215.4 million, up 12.2% compared to the previous year. The 2018EBITamounted to 200.3 million euros with an increase of 11.7% compared to the previous year.Net Profitamounts to 140.8 million euros, up 11.1% compared to the 2017 figure.[10]
Competitors
[edit]INWIT interacts, in the same market, withRai Way,EI Towers, which is controlled byMediaset,andCellnex(Abertis Group).[11]
Logos
[edit]-
2015-2020 -
2020-present
See also
[edit]
References
[edit]- ^"Inwit - Profilo società".borsaitaliana.it.borsaitaliana.it.Retrieved26 September2024.
- ^ab"In" Grandi Stazioni "Connections are on the Right Track".
- ^"The first mobile multi-operator DAS site. A landmark achievement by INWIT".
- ^"Past and future live side by side in Bova thanks to INWIT".
- ^ab"MAXXI becomes 5G Ready thanks to INWIT".
- ^"INWIT signs agreement with SINA hotels to provide 5G coverage".
- ^"History".
- ^Bray, Chad (2015-06-19)."Telecom Italia Raises $887 Million in I.P.O. of Wireless Tower Unit".The New York Times.ISSN0362-4331.Retrieved2019-10-28.
- ^"Inwit Stocks Quotes All Market Data - Borsa Italiana".borsaitaliana.it.Retrieved2019-10-28.
- ^"2018 Financial Report"(PDF).
- ^European Factors to Watch-Indexes to make flat start to March
