"This operation marks a turning point for Fastweb and will generate significant value for all stakeholders. Thanks to the superior quality of the mobile and fixed infrastructures, the convergent operator resulting from the operation will be able to offer high-performance connectivity and innovative services to all segments of the market - comments Walter Renna, CEO of Fastweb -.
The NewCo will contribute to the evolution of this strategic sector with significant investments in fiber and 5G, innovative ICT services and infrastructure security, thus enabling a rapid digital transformation of families, businesses and the Public Administration".
Christoph Aeschlimann, CEO of Swisscom, commented: "In this period we have generated a solid track record of investment and growth in Italy. The industrial logic of this merger is very solid. Fastweb and Vodafone Italia represent an ideal combination to generate high added value for all stakeholders As a result, residential and business customers will benefit from the most comprehensive offering. Swisscom will also be strengthened overall, allowing us to continue to make significant investments."
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