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Swisscom buys Fastweb for 8 billion - Breaking news

2024-03-15T06:55:38.202Z

Highlights: Swisscom buys Fastweb for 8 billion - Breaking news. Swisscom has entered into binding agreements with the Vodafone group. The combination of complementary high-quality mobile and fixed infrastructures, as well as the skills and assets of Fastweb and Vodaphone Italia, will create a leading convergent operator in Italy. The deal is worth 8 billion euros, Swisscom said in a note to its shareholders on Monday. The acquisition is expected to be completed by the end of the year.


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. (HANDLE)


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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