Disclaimer :

The Competition DG makes the information provided by the notifying parties in section 1.2 of Form CO available to the public in order to increase transparency. This information has been prepared by the notifying parties under their sole responsibility, and its content in no way prejudges the view the Commission may take of the planned operation. Nor can the Commission be held responsible for any incorrect or misleading information contained therein.

M.9674 - VODAFONE ITALIA / TIM / INWIT JV

SECTION 1.2

Description of the concentration

Vodafone Italia S.p.A. (“Vodafone Italia”) and Telecom Italia S.p.A (“Telecom Italia” and together with Vodafone Italia, the “Parties”) are intending to enter into a joint venture agreement to combine Vodafone’s passive mobile telecommunications infrastructure (“passive infrastructure”) with the assets currently held by Infrastructure Wireless Italiane S.p.A (“INWIT”). Currently, INWIT is solely controlled by Telecom Italia and owns and operates Telecom Italia’s passive infrastructure. Post-transaction the Parties will hold joint control over INWIT.

Vodafone Italia is part of the Vodafone Group which operates mobile and fixed telecommunications networks and provides telecommunications services in a number of countries. In Italy, Vodafone Italia is a provider of mobile and fixed services. Telecom Italia is an information and telecommunications technology company active in Italy and other markets.

Commission européenne, DG COMP MERGER REGISTRY, 1049 Bruxelles, BELGIQUE Europese Commissie, DG COMP MERGER REGISTRY, 1049 Brussel, BELGIË

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