News from a few months ago, Rai Way had asked Citigroup to consider a merger with Ei Towers, Italy’s leading radio, TV and telecommunications infrastructure company. Rai holds 65% of Rai Way, while EI Towers is 60% controlled by the F2i fund and 40% by the Berlusconi family’s MediaForEurope (Mfe). The merger is pending an unblocked governmental impasse over Rai appointments.
In the first half of 2024, the tower group controlled by Viale Mazzini reported revenue growth to €137.6m (+1.2%); adjusted ebitda rose to €93.5m and net profit to €47.2m. Construction activities for the first five edge data centres, which are scheduled to be commissioned during the second half of 2024, were completed at the end of July, when the collaboration with Oracle was announced. During the reporting period, investments amounted to EUR 15.3 million, of which EUR 12.2 million was dedicated to development activities, in particular for the advancement of the first five edge data centres.
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