Swisscom ready to buy Vodafone Italia for 8 billion - News. ANSA.
Cash purchase then merger with Fastweb (ANSA) Swisscom, active in Italy with Fast web, is ready to buying Vodacom for 8billion euros after the Anglo-Saxon group recently rejected Iliad's purchase proposal. The goal is to merge the company with Fast Web, Swisscom's affiliate in Italy. The potential transaction is expected to be accretive to the value and cash flow of Swisscom.