April 17, 2014 4:24 PM ET

Wireless Telecommunication Services

Company Overview of 3 Italia S.p.A.

Company Overview

3 Italia S.p.A. provides mobile telephony services, video communication services, internet access, and content services including TV, music, games, and news. The company is based in Milan, Italy. 3 Italia S.p.A. operates as a subsidiary of Hutchison Whampoa Ltd.

Via Leonardo da Vinci, 1

Trezzano Sul Naviglio

Milan, MI 20090

Italy

Phone:

39 02 44581

Fax:

39 024 45 81 27 13

Key Executives for 3 Italia S.p.A.

3 Italia S.p.A. does not have any Key Executives recorded.

3 Italia S.p.A. Key Developments

Wind And 3 Italia In Merger Talks

Hutchison Whampoa Limited (SEHK:13) and VimpelCom Ltd. (NasdaqGS:VIP) are continuing with talks about a possible merger of their respective Italian mobile phone units, 3 Italia S.p.A. and Wind Telecomunicazioni SpA, La Repubblica reported. Without citing sources, La Repubblica said that under the latest draft agreement 3 Italia would control the majority of the company resulting from the merger, although Wind would retain a stake in the event of a future stock market flotation.

3 Italia Offers PS4 to New Customers Without Advance Order

3 Italia has reached a deal with Sony whereby new customers subscribing to one of the operator's Sony Xperia smartphone packages can purchase a Sony PS4 game console without having to order the item in advance. To purchase the much-in-demand console for EUR 399, customers need to sign up to one of 3 Italia's packages and purchase a Sony Xperia smartphone.

EI Towers May Reportedly Bid To Acquire Wireless Towers From Telecom Italia

EI Towers S.p.A (BIT:EIT) may make a bid to acquire wireless towers from Telecom Italia S.p.A. (BIT:TIT), if it finally takes the decision to put them up for sale, Il Sole 24 Ore reported. The sale of broadcast towers and buildings is one of the cost-cutting measures that Telecom Italia is widely expected to adopt at the board meeting to be held on November 7, 2013. The towers, which could be valued at up to €1 billion, are considered strategic assets and EI Towers would have a head start over other companies such as Vodafone Group Public Limited Company (LSE:VOD), Crown Castle International Corp. (NYSE:CCI) and 3 Italia S.p.A. as it is currently the only Italian operator among the potential suitors.

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