It’s official: Swisscom has acquired 100% of Vodafone Italywhich it will integrate into its operator’s offer Fastweb. An agreement that could have a strong impact on the future of connectivity in our country.
Swisscom acquires Vodafone Italia, to integrate it into Fastweb
With a cipher Of 8 billion, Swisscom acquired the Italian branch of the operator in order to then be able to integrate Vodafone within your operator Fastweb. After this one acquisition, Swisscom will become the main convergent operator in Italy.
As SmartWorld reports, Swisscom’s was not the only offer on the table. Also Iliad was aiming for acquisition, with an offer of the same value. But he would have liked to focus on a merger of equals, while Vodafone would have preferred an acquisition.
According to declared and Swisscomthe combination from the mobile infrastructures e pussy Of Fastweb e Vodafone Italy will give life to a gigante of the sector, with approximately 9000 employees, over 7 billion in revenues e 33 million mobile customers.
L’agreement should conclude by early 2025, subject to approval by the competent authorities. Despite this, a vote of Swisscom shareholders will not be required, and the Swiss group will be able to use the Vodafone brand in Italy for a maximum of five years.
In addition to the mobile market, the new Fastweb Vodafone hub will hold a considerable share of the mobile market optic fiber. An agreement that concerns all-round connectivity, creating a telecommunications giant managed by Swisscom.
For us users, there should be no changes at the moment. But, for the future, it remains to be assessed whether this agreement will affect tariffs and services.
