<div dir="ltr">I think the point is that valuations are crazy high and investors are largely stupid (that is why financial bubbles happen). Most firms investing in data centers  copying other investors who were first or second movers. Me-too investing has always been an ingredient in investment bubbles. </div><br><div class="gmail_quote gmail_quote_container"><div dir="ltr" class="gmail_attr">On Wed, Jan 28, 2026 at 1:20 PM Marco d'Itri <<a href="mailto:md@linux.it">md@linux.it</a>> wrote:<br></div><blockquote class="gmail_quote" style="margin:0px 0px 0px 0.8ex;border-left:1px solid rgb(204,204,204);padding-left:1ex">On Jan 28, Roderick Beck <<a href="mailto:roderick.beck@networksourcing.net" target="_blank">roderick.beck@networksourcing.net</a>> wrote:<br>
<br>
><a href="https://www.linkedin.com/posts/roderick-beck-94868948_italy-fibre-firm-retelit-reportedly-explores-share-7422242676772847616-KOmD?utm_source=share&utm_medium=member_desktop&rcm=ACoAAAoREggBkC3oGP8L5utwsRa7-vDFofXK3EM" rel="noreferrer" target="_blank">https://www.linkedin.com/posts/roderick-beck-94868948_italy-fibre-firm-retelit-reportedly-explores-share-7422242676772847616-KOmD?utm_source=share&utm_medium=member_desktop&rcm=ACoAAAoREggBkC3oGP8L5utwsRa7-vDFofXK3EM</a><br>
<br>
Based on the age and size of that infrastructure and the number of new <br>
large data centers being built around Milano, 700 M€ look like an <br>
ambitious evaluation to me...<br>
<br>
-- <br>
ciao,<br>
Marco<br>
</blockquote></div><div><br clear="all"></div><div><br></div><span class="gmail_signature_prefix">-- </span><br><div dir="ltr" class="gmail_signature"><div dir="ltr">Roderick Beck<div>Network Capacity Sourcing - Broker</div><div>Mobile: 00-36-70-605-5144. </div><div>Email: <a href="mailto:roderick.beck@networksourcing.net" target="_blank">roderick.beck@networksourcing.net</a></div><div>Articles: <a href="https://subseacables.blogspot.com/" target="_blank">https://subseacables.blogspot.com/</a></div><div>Telegram: @RoderickBeck</div><div>Tallinn & Budapest.</div><div><br></div></div></div>