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Swisscom completes acquisition of Vodafone Italia, to merge with Fastweb in Italy

PUBLIC · SCMWYJan 02, 2025

Acquiring Company

Swisscom

Acquired Company

Vodafone Italia

SwitzerlandItaly

Description

Swisscom has successfully completed the acquisition of competitor Vodafone Italia and will proceed with integrating it into its Italian business Fastweb. The acquisition is expected to strengthen Swisscom Group's position in the telecommunications market, while maintaining a continued focus on the Swiss market. Additionally, the completion of the 8-billion euro deal took place on Dec. 31 after it had been approved by the Italian authorities earlier that month.

Quick answer

Swisscom is acquiring Vodafone Italia, announced January 2, 2025. Swisscom is based in Switzerland.

How much did Swisscom pay for Vodafone Italia?
The deal value was not disclosed.
What does Swisscom do?
Swisscom AG is the leading information and communication technology (ICT) company in Switzerland and one of the largest telecommunications operators in Europe.
Where are Swisscom and Vodafone Italia based?
Swisscom is based in Switzerland. Vodafone Italia is based in Italy.
Who are the decision-makers at Swisscom?
Fundz holds 5 contacts at Swisscom. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Swisscom

Location

Switzerland

About

Swisscom AG is the leading information and communication technology (ICT) company in Switzerland and one of the largest telecommunications operators in Europe. Established in 1998, Swisscom is headquartered in Ittigen, Switzerland, and is partially owned by the Swiss Confederation. The company has a strong presence in the Swiss market and has expanded internationally, particularly through its Italian subsidiary, Fastweb. Swisscom offers a wide range of services, including mobile communications, fixed-line telephony, high-speed internet, and digital TV. It also provides enterprise networking, cloud services, cybersecurity, and managed IT solutions for businesses. The company serves various customer segments, including private individuals, small and medium-sized enterprises, and wholesale clients. With a commitment to sustainability and innovation, Swisscom is recognized as one of the most sustainable telecommunications companies globally, focusing on expanding its infrastructure and digital services.

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Frequently asked

Who acquired Vodafone Italia?

Vodafone Italia was acquired by Swisscom, based in Switzerland. The deal was reported on January 2, 2025. Swisscom AG is the leading information and communication technology (ICT) company in Switzerland and one of the largest telecommunications operators in Europe. Swisscom is publicly traded (SCMWY).

When did Swisscom acquire Vodafone Italia?

Swisscom's acquisition of Vodafone Italia was reported on January 2, 2025. Swisscom has successfully completed the acquisition of competitor Vodafone Italia and will proceed with integrating it into its Italian business Fastweb. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Vodafone Italia do?

Scopri le nostre migliori offerte di telefonia mobile, Fibra, ADSL e FWA; i nuovi Smartphone e i vantaggi Vodafone per Privati e Aziende. It is privately held, and is based in Italy.

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