Swisscom has entered into binding agreements with the Vodafone group for the acquisition of 100% of Vodafone Italia for 8 billion euros with the aim of integrating it with Fastweb, its subsidiary in Italy.
The combination of complementary high-quality mobile and fixed infrastructures, as well as the skills and assets of Fastweb and Vodafone Italia, will create a leading convergent operator in Italy.
Swisscom announced this in a note
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