Jamieson is pleased to announce that it has advised the management team of Wind Tre on the sale of a stake to EQT Infrastructure. The transaction involves EQT acquiring a 60% stake in a newly created entity which will own and operate Wind Tre’s mobile and fixed network.
CK Hutchison, Wind Tre’s current owner, will remain invested alongside EQT and hold the remaining 40 percent stake in the newly formed Company. It will provide wholesale connectivity services to Wind Tre and other mobile and fixed service providers in Italy, becoming the country’s largest provider of mobile network coverage and capacity. At the end of 2022, the Company’s state-of-the-art network covered approximately 67 percent of Italy with 5G reception, and it will be the first independent access network in Europe primarily focused on mobile.
Andrew Cox, Jack Yang and Alison Dunning advised the Wind Tre management team on the transaction.