Acquisition of Vodafone Italia
After obtaining all regulatory approvals, Swisscom has successfully completed the acquisition of Vodafone Italia. Fastweb and Vodafone Italia bring together complementary high-quality mobile and fixed infrastructures, competencies, and capabilities to create a leading converged challenger in Italy: Fastweb + Vodafone. The transaction is a key step for Swisscom to achieve its strategic objective of profitable growth in Italy.
Swisscom has been operating successfully in Italy since the acquisition of Fastweb in 2007. Over this period, we have built a strong track record of investment and profitable growth in Italy. The industrial logic of this merger is very strong. Fastweb and Vodafone Italia are an ideal fit to create high added value for all stakeholders. As a result, private and business customers will benefit from the most comprehensive offer. Swisscom will also be strengthened as a whole, allowing us to continue making significant investments in the Swiss and Italian market.
«Swisscom will be strengthened as a whole.»
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