Inwit‘s request for a Telecom Italia injunction reportedly rejected

Research evidence excerpt

Inwit‘s request for a Telecom Italia injunction reportedly rejected

Update

July 13, 2026 02:24 PM GMT

Morgan Stanley & Co. International plc+MTelecommunications Services | Europe Harrison Williams, CFA

Equity Analyst

Inwit's request for a Telecom Harrison.Williams@morganstanley.comEmmet B Kelly +44 20 7425-6627

Emmet.Kelly@morganstanley.com +44 20 7425-6830

Italia injunction reportedly Terence Tsui

Terence.Tsui@morganstanley.com +44 20 7425-3095

rejected Lindsey C Zastawny

Lindsey.Zastawny@morganstanley.com +44 20 7425-1237

Key Takeaways

Telecommunications Services

Inwit shares are down ~2% at the time of writing, having initially fallen ~6% on Europe

Industry View Attractive

unconfirmed press reports an Italian judge has rejected Inwit's bid to suspend

Telecom Italia's exit from the MSA

This decision does not determine the final decision on contract duration (2028 vs

2038), but whether to preserve the status quo in the meantime

Nevertheless investors could plausibly see this decision as a slight shift in favour

of the operators

Inwit has said it reserves the right to challenge this ruling, and we would expect

the final outcome of this case towards the end of this year

Injunction outcome: Reuters reported today (link) that an Italian judge has rejected

Inwit's request to suspend Telecom Italia's exit from the MSA between the two

companies, citing two sources familiar with the matter. Inwit has said it reserves the

right to challenge the ruling. We are also awaiting the court decision on Inwit's

requested injunction with Swisscom, which we would expect imminently.

Injunction not full lawsuit: Importantly, this decision does not determine the final

decision on contract duration (2028 vs 2038), but rather whether to preserve the

status quo in the meantime.