Unidata S.P.A. (IT:UD) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Unidata S.p.A. has acquired an 11% stake in ClioFiber for €625 thousand, partnering with the European Connecting Europe Broadband Fund to expand the FTTH network in the Apulia Region. This strategic investment boosts Unidata’s infrastructure, aiming to cover over 600,000 housing units by the end of 2024, thereby strengthening its market presence and reducing the digital divide in Italy.
For further insights into IT:UD stock, check out TipRanks’ Stock Analysis page.