Italy 3G co Ipse mulls giving back some spectrum

Newswire

ROME, Nov 22 (Reuters) - Italian 3G mobile phone group Ipse2000 -- controlled by Spain's Telefonica and which has scaled back its investment plans -- may give back some of its frequencies to save cash. Ipse shareholders met on Friday to consider giving back to the Italian government five megahertz (MHz) of the 15 MHz spectrum space it acquired in 2000, a spokesman for Ipse said. As a new entrant to Italy's telecoms sector bidding for UMTS licences, Ipse was offered an extra five MHz with ...

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