Consolidation of MNOs is the name of the game (where regulators allow) in most of Europe’s saturated mobile markets, but in Italy, the reverse is true. Fastweb, the Italian fiber provider owned by Swisscom, is to become the country’s fifth MNO, only a year after new entrant Iliad launched disruptively low cost services. Iliad gained entry to the market as a result of the merger of Orascom’s Wind and Hutchison’s Three Italia, to form Wind Tre. A condition of that deal was the divestment of spectrum and network assets to enable a new player – a similar regulatory stance to that taken in the USA, which will bring Dish into the market as a fourth MNO. The developments in Italy…