Advanced Television

Rai Way

Rai Way gains Board approval for growth plan, M&A

Rai Way, the tower company owned by Rai, has reported positive financial results for 2023. Revenue grew 10.8 per cent to €271.9 million, adjusted EBITDA increased 19.4 per cent to €180.3 million, and net profit climbed 17.7 per cent to €86.7 million. The Board of Directors has also approved Rai Way’s industrial plan for 2024-2027. […]

March 27, 2024From Branislav Pekic in Rome

RAI to sell 15% stake in tower unit

Italian state broadcaster RAI has announced plans to sell up to 15 per cent of its majority stake in its listed broadcast tower unit, Rai Way. The move, which aims to raise funds for a new three-year business plan, will enable RAI to monetise Rai Way while retaining control. According to the public broadcaster, its […]

January 18, 2024From Branislav Pekic in Rome

Rai Way net profit grows 24%

Italian TV tower company Rai Way has reported a 24 per cent increase in net profit for the first nine months of 2023, to €69.8 million, as a result of higher revenue and lower costs. Core revenues were up 10.7 per cent on an annual basis to €204.1 million, of which €172.6 million attributable to […]

November 15, 2023From Branislav Pekic in Rome

Rai Way: 1st 5G Broadcast trial in Italy

Rai Way, the towers unit of Italian public broadcaster Rai, has conducted the first 5G Broadcast trial in Italy. The Teatro Massimo of Palermo hosted the first of these use cases in which VR360 footage of a ballet performance using Immersive POV technology was realised and broadcast in the Palermo area. Students of the Convitto […]

March 20, 2023From Branislav Pekic in Rome