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.

September 24, 2024
17 Articles