Quote | Super Quote
Super Quote   |   Detail Quote   |   Interactive Chart   |   Transaction   |   Related News   |   Related Securities   |   Company Information   |   Dividend Records   |   Short Sell
00215 HUTCHTEL HK
RTNominal unchange1.020 0.000 (0.000%)
Others

26/06/2019 10:28

Fastweb and Wind Tre in strategic tie-up for 5G network

[ET Net News Agency, 26 June 2019] Fastweb and Wind Tre, part of the CK Hutchison
group, announced today the launch of a strategic agreement leveraging on the operators'
respective assets in order to accelerate the roll-out of a nationwide, state-of-the-art 5G
network.
The agreement will lead to the rapid deployment of a shared 5G radio access and
back-hauling network in Italy that will support the delivery of next-generation, high
performing mobile services for Fastweb and Wind Tre customers.
The shared 5G network will include Wind Tre and Fastweb macro and small cells, connected
through dark fiber from Fastweb, to be deployed nationwide, with a targeted coverage of
90% of the population by 2026. Wind Tre will manage the 5G network, while both operators
will remain independent in the commercial and operational use of the shared
infrastructure.
As part of the agreement, Wind Tre will provide Fastweb roaming services on Wind Tre's
existing network (4G and legacy technologies), thus allowing Fastweb to extend its mobile
coverage to national level, while Fastweb will provide Wind Tre wholesale access to
Fastweb's FTTH and FTTC network, increasing the capability of Wind Tre to provide
ultra-broadband connectivity to Wind Tre's wireline customers.
The agreement has an initial, ten year duration and is subject to the approval of
competent authorities. (KL)

Remark: Real time quote last updated: 18/04/2024 11:16
  Real-time basic market prices of Hong Kong securities are provided by HKEx; a Designated Website authorized by the HKEx Group to provide the Service
A Member of HKET Holdings
Customer Service Hotline:(852) 2880 7004     Customer Service Email:cs@etnet.com.hk
Copyright 2024 ET Net Limited. http://www.etnet.com.hk ET Net Limited, HKEx Information Services Limited, its Holding Companies and/or any Subsidiaries of such holding companies, and Third Party Information Providers endeavour to ensure the availability, completeness, timeliness, accuracy and reliability of the information provided but do not guarantee its availability, completeness, timeliness, accuracy or reliability and accept no liability (whether in tort or contract or otherwise) any loss or damage arising directly or indirectly from any inaccuracies, interruption, incompleteness, delay, omissions, or any decision made or action taken by you or any third party in reliance upon the information provided. The quotes, charts, commentaries and buy/sell ratings on this website should be used as references only with your own discretion. ET Net Limited is not soliciting any subscriber or site visitor to execute any trade. Any trades executed following the commentaries and buy/sell ratings on this website are taken at your own risk for your own account.