Inwit shares surge 9% on trading debut

Inwit (Infrastruture Wireless Italiane SpA), the tower arm of Telecom Italia, debuted on the Milanese stock exchange on Monday 22 June with great success

Read this article to learn:

  • The financial details behind Inwit’s recent IPO
  • Why the listing was such a success
  • The history behind the formation of Inwit and their decision to IPO
  • Current Inwit performance and opportunities for growth

Telecom Italia has successfully spun off and listed towerco Inwit, with 11,519 towers on the balance sheet. In this brief summary, TowerXchange re-introduces Inwit, reviews the reception Inwit received on the Milan stock exchange, and contrasts Inwit’s market cap and subscription rate with obvious comp, Cellnex. Warm reception to Inwit IPO Inwit raised a gross…

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