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European Commission approves Swisscom's €8bn acquisition of Vodafone Italia, pending Italian authority approval.
The European Commission has approved Swisscom's €8 billion acquisition of Vodafone Italia, moving the deal closer to completion by Q1 2025.
Swisscom plans to merge Vodafone Italia with its existing unit, Fastweb, to enhance competition in Italy's telecom market.
The acquisition still requires approval from the Italian Competition Authority, which is currently reviewing the merger.
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La Comisión Europea aprueba la adquisición por parte de Swisscom de Vodafone Italia por valor de 8 000 millones de euros, en espera de la aprobación de la autoridad italiana.