July 30, 2018 / 7:14 PM / 22 days ago

BRIEF-Swisscom Says Fastweb Acquires 5G Spectrum And Fixed Wireless Branch From Tiscali

July 30 (Reuters) - Swisscom Ag:

* FASTWEB ACQUIRES 5G SPECTRUM AND FIXED WIRELESS BRANCH FROM TISCALI

* VALUE OF THE DEAL WILL BE APPROXIMATELY 150 MILLION EURO

* FASTWEB SIGNED AN AGREEMENT TO ACQUIRE TISCALI’S FIXED WIRELESS BRANCH OF BUSINESS AND FULL OWNERSHIP OF 3.5 GHZ SPECTRUM

* FASTWEB WILL FINANCE THE TRANSACTION FROM ITS OWN AVAILABLE CASH RESOURCES Further company coverage:

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