
May 2026
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![]() | Inwit is an Italian wireless tower company born from the spinoff of Telecom Italia’s tower assets in 2015. In 2020, Inwit merged its tower assets with those of Vodafone Italia, creating a tower leader in the Italian market with a high-quality portfolio derived from the networks created by Telecom Italia and Vodafone over the past two decades. Inwit owns 25,000 towers, having the highest tenancy ratio and EBITDA margin among the European tower firms. Cellnex is Inwit’s main competitor in Italy, owning a similar number of towers. | $8 | -33% | $7B | $13B | 10.4x | 11.4x | ||
![]() | Intred SpA provides telecommunication and internet services. The company offers internet, internet and telephone, phone and datacenter services. | $10 | -10% | $166M | $215M | 3.2x | 7.1x | ||
![]() | Unidata SpA is engaged in the field of information technology and telecommunications offering internet connectivity and services in the city and province of Rome. Its services include Fiber & Networking, Cloud & Datacenter, and IoT & Smart Solutions. | $3 | -6% | $95M | $138M | 1.3x | 5.3x | ||
| Median | $8 | -10% | $166M | $215M | 3.2x | 7.1x |
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