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CK Hutchison forms mobile network company in Italy with EQT Infrastructure

  • In line with CKHGT's "asset light" strategy to improve operational efficiencies while unlocking WINDTRE's network business' value
  • Creates the first independent wholesale mobile network services provider in Italy
  • Improves WINDTRE's capital allocation and allows WINDTRE to further its strategic focus on core product offerings

HONG KONG SAR - Media OutReach - 12 May 2023 - CK Hutchison Group Telecom ("CKHGT"), a wholly owned subsidiary of CK Hutchison Holdings Limited, and EQT Infrastructure, part of the global private equity firm EQT, have agreed to form a new company ("Company") that will provide wholesale mobile and wholesale fixed communications services in Italy.

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