- Vodafone (NASDAQ:VOD) is up 1.6% premarket, and Telecom Italia (NYSE:TI) up 4.3%, after the two come together in a 5G network sharing pact.
- That cooperation might extend to their existing 4G services, they say.
- It could also put their combined 22,000 towers into a single company, whereas TI's towers are part of separate subsidiary Inwit currently.