Press

Press releases / Price sensitive16 October 2014

Retelit plans the investments around its participation in the AAE-1 Consortium

With its entry into the consortium that will lay the AAE-1 undersea cable system, Retelit is set to become one of the leading telecommunication gateways for the Mediterranean.
145 million Euro in returns are envisaged over the first ten years of the "AAE-1 undersea cable" project, against an overall initial investment of 58 million Euro and a further 12 million Euro that will be spent during this time to develop the inherent business. Furthermore, thanks to the expected infrastructure investments, additional revenue could be generated with the increased capacity and extension of the network into Italy and Europe.
The project will be financed using its own resources with debt and equity resources procured following the strategic investment agreement signed with KBC Telco Infrastructure Pty Ltd, a company fully held by Keybridge Capital Limited (Australian company listed on the AMX).
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Press releases / Price sensitive02 October 2014

Investment agreement with strategic australian investor

On October 1st Retelit S.p.A. (“Retelit” or the “Company”) signed an investment agreement with KBC Telco Infrastructure Pty Ltd, a wholly owned subsidiary of Keybridge Capital Limited (“Keybridge”), a company listed on the Australian Stock Exchange (ASX), and experienced international investor in infrastructure, to issue convertible bonds and non-transferrable warrants to subscribe for common shares in Retelit. The Company will use the funds to pursue its expansion activities both domestically and internationally. Read more