Swisscom has been successfully active in Italy since the acquisition of Fastweb in 2007. During this time, we have been able to achieve a remarkable track record in terms of profitable growth and investments in the Italian infrastructure. Since the acquisition of Vodafone Italy at the beginning of 2025, Fastweb + Vodafone combines high-quality mobile and fixed infrastructures. The Italian second largest Telco company is the leading converged challenger. It offers innovative, competitively priced converged services to Italian consumers, businesses, and the country. The combined talent and expertise will boost innovation and help drive the digital transformation in Italy.
26%
Market share in Italy
19.5 million mobile subscriptions
30%
Market share in Italy
5.7 million Internet subscriptions
7,000
Employees
in Italy
Over the last 17 years, Swisscom in its role as shareholder of Fastweb has demonstrated a far-sighted industrial approach, allowing Fastweb, year after year, to reinvest 30 percent of its revenues in infrastructures and new technologies. The acquisition of Vodafone Italy and the combined entity Fastweb + Vodafone underline Swisscom’s aim to strengthen its role in Italy and to be part of its growth.
Fastweb + Vodafone's residential customers in Italy benefit from access to high-performance combined fibre and mobile solutions. They experience best-in-class mobile connectivity and better broadband service quality and greater convergence of services. Especially through improved performance and outstanding customers benefit from competitive prices.
Italian enterprises and public administration benefit from Fastweb + Vodafone's comprehensive portfolio of IT and communication services thanks to access to complementary assets and competencies such as a leading-edge cloud infrastructure and outstanding mobile assets. Fastweb + Vodafone is able to provide an improved one-stop-shop experience, enabling faster digitalization for enterprises and public administration in Italy.
Fastweb + Vodafone makes Swisscom’s profile in Italy stronger, drives Swisscom free cash flow growth and creates substantial value for Swisscom's shareholders. It will provide tangible cost and CAPEX synergies with limited execution risk, as a significant portion of synergies is driven by migration of traffic onto the combined entity's own infrastructure.