green light for Swisscom and its 8 billion merger

Swisscom's acquisition of Vodafone Italia takes a decisive step forward with the double green light from the Italian regulatory authorities. The Swiss telecommunications giant thus sees itself opening the way to create a major player in the transalpine market, thanks to an 8 billion euro transaction.

The Italian competition authority (AGCM) has validated this strategic operation, subject to specific behavioral commitments. These commitments, lasting three years, will notably guarantee the continuity of wholesale trading to third-party operators and transparency in public calls for tenders, according to a press release.

A merger to follow closely

The Ministry of Business and Made in Italy (MIMIT) also gave its unconditional approval for the transfer of Vodafone Italia's spectrum licenses. This decision, supported by the Autorità per le Garanzie nelle Comunicazioni (AGCOM), the Italian national communications regulatory authority, confirms the compliance of the project with Italian regulatory requirements.

The future merged entity aims to become a key leader in convergent services in Italy. The combination of Fastweb's fixed infrastructure and Vodafone Italia's mobile network promises to create a powerful player, capable of competing with the giants of the sector.

Outlook and timetable

The transaction is expected to be finalized in the first quarter of 2025, marking a new era for Swisscom in the Italian market. This strategic acquisition will allow the Swiss incumbent operator to significantly consolidate its presence in Italy, where it already operates through its subsidiary Fastweb.

This major operation is part of a trend of consolidation in the European telecoms market. According to the same press text, the joining forces of Fastweb and Vodafone Italia promises to bring substantial benefits to both Italian consumers and businesses, thanks to cutting-edge infrastructure and innovative services. For Swisscom, it should above all be a way to collect as much cash as possible… But beware of the competition!

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