Swisscom completes acquisition of Vodafone Italia
5 days ago · Due to closing in 2024, costs in the amount of up to EUR 200 million will be recognised in the Swisscom financial statements 2024. These costs relate to the planned exit from existing MVNO and mobile network-sharing agreements in connection with the migration of Fastweb mobile customers to the Vodafone Italia network and are part of the previously communicated integration costs.
Swisscom to acquire Vodafone Italia | Swisscom
Mar 15, 2024 · Swisscom has entered into binding agreements with Vodafone Group Plc in relation to the acquisition of 100% of Vodafone Italia for EUR 8 billion on a debt and cash free basis with the aim of merging it with Fastweb, Swisscom's subsidiary in Italy.
Swisscom completes Vodafone Italia acquisition
18 hours ago · Swiss carrier Swisscom has successfully completed its acquisition of Vodafone Italia after securing all necessary regulatory approvals. The merger combines Fastweb and Vodafone Italia’s operations under the new corporate brand Fastweb + Vodafone, said Swisscom. The acquisition was finalized on December 31, 2024.
Reshaped European footprint, €8bn sale of Vodafone Italy & €4bn …
Mar 14, 2024 · Vodafone has entered into a binding agreement to sell Vodafone Italy to Swisscom for an enterprise value of €8 billion. The Transaction follows an extended period of engagement with several counterparties to explore market consolidation options in Italy. Highlights of the Transaction include:
EU Commission clears transaction | Swisscom
The EU Commission has cleared the acquisition of Vodafone Italia under the Foreign Subsidies Regulation. The approval is another important step on the way to securing the regulatory approvals needed to finalise the transaction.
Swisscom seals Vodafone Italia deal in ‘new era for Italian …
5 days ago · The deal sees Swisscom’s Fastweb brand merge with Vodafone Italia to form Fastweb + Vodafone, with Fastweb CEO Walter Renna taking the reins of the new brand. The deal closed on December 31, 2024, with Swiss com touting the new offering combining Fastweb's fixed connectivity with Vodafone Italia's mobile services to offer Italian users ...
Swisscom's Vodafone Italia acquisition cleared by Italian ...
Nov 13, 2024 · Swisscom's acquisition of Vodafone Italia was cleared by Italy's communications authority AGCOM, the Swiss telecoms group said on Wednesday.
Swisscom receives greenlight for acquisition of Vodafone Italia
Dec 21, 2024 · Vodafone Italia is to be merged with the Swisscom subsidiary Fastweb. Fastweb boss Walter Renna was appointed as the new head of the joint company in Italy.
Swisscom revises down earnings outlook after Vodafone Italia ...
5 days ago · Swisscom said on Thursday that it has completed its acquisition of competitor Vodafone Italia, which it will now begin merging with its Italian business Fastweb.
Swisscom seals €8bn Vodafone Italy acquisition - DCD
19 hours ago · The merger combines 3.4 million Fastweb customers with Vodafone's 20 million, making it the second-biggest telco in Italy behind struggling Telecom Italia (TIM). Swisscom confirmed that the existing commercial brands Fastweb, Vodafone, and Ho Mobile will continue to be used. "We herald a new era in Italian telecommunications.