Italian wireless broadband provider Linkem has secured $106m from backers including existing backer Leucadia, which held a 56% stake as of the end of 2015.
Italy-based wireless broadband service provider Linkem secured €100m ($106m) yesterday in a round that included diversified holding group and existing investor Leucadia National Corporation.
Financial services firm Cowen Group also participated in the round alongside funds managed by asset manager BlackRock on behalf of its clients, and additional existing backers.
Founded in 2001, Linkem provides an ultrabroadband fixed wireless network service to more than 400,000 subscribers across Italy, with coverage that spans roughly 60% of the country’s population.
Davide Rota,…
