3. Januar 2025|
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|11 months agoSwisscom Completes €8 Billion Vodafone Italia Takeover
Swiss telecommunications giant Swisscom finalizes major acquisition ahead of schedule, marking significant expansion into Italian market
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Generated IllustrationKey Takeaways
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- Swisscom completed the acquisition of Vodafone Italia on December 31, 2024.
- The acquisition price is €8 billion (CHF 7.5 billion).
- Swisscom becomes the second-largest telecommunications provider in Italy.
- Transaction costs of up to €200 million will be booked in the 2024 financial statements.
- The merged entity combines Fastweb's fixed network assets with Vodafone Italia's mobile network.
By The Numbers
€8 billion
Acquisition Cost
€600 million
Annual Synergies
€7.3 billion
Combined Turnover
CHF 4.3-4.4 billion
Revised 2024 EBITDA Target
They Said
"The transaction was completed on December 31, 2024."
"Vodafone Italy and Fastweb are expected to complement each other: while Fastweb has a broadband network, Vodafone Italia offers a mobile network."
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