The MVNO market now numbers over 600 operations. Their proliferation is widespread throughout Europe, North America and many Asian countries and more recently the sector has seen launches in the Middle East. The sector contains headline grabbing operations with activities in multiple markets through to small players with revenue positive operations based upon incredibly niche markets. As a sector the MVNO market is incredibly active with launches, buy outs and failures.
Wednesday, 15 April 2009
Fastweb appeals for EIB finances – Italy
Italy’s Fastweb has reportedly submitted a proposal for funding to the European Investment Bank (EIB). According to media reports Fastweb is seeking to obtain a loan of EUR 350,000,000 from the EIB, as part of an overall investment package totalling EUR 850,000,000.
