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Stock impact report

Telecom Italia, Fastweb eye 5G cost savings with Italy's network deal, sources say [Yahoo! Finance]

Vodafone Group Plc - American Depositary Shares each representing ten Ordinary Shares (VOD) 
US:NASDAQ Investor Relations: vodafone.com/content/index/investors.html
Company Research Source: Yahoo! Finance
deal to cut costs of ?upgrading and operating their 5G infrastructure across Italy, three sources said. Italian ?telecom firms are looking to revamp their business model after losing almost a third of their ?revenue since 2010 and seeing post-investment cash flow dwindle to zero from 10.5 billion euros ($12 billion) that year, according to industry group Asstel. The network deal would help TIM and rival Fastweb to upgrade their mobile networks to standalone 5G, a technology ?built from scratch rather than ?on 4G, while the sector remains squeezed by fierce price competition. Thanks to the deal, TIM and Fastweb could each save ?as much as 250 million to 300 million euros over 10 years, according to one of the sources with knowledge of the matter. The project, internally codenamed Prism and not reported ?previously, covers active network components such as antennas, base stations, radio units, ?backhaul and other equipment that transmit and manage mobile signals. It targets to Show less Read more
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