Vodafone Group ponders stake in venture with Swisscom's Fastweb
The companies are exploring a combination of their Italian operations to create the country’s second-largest fixed-line broadband operation
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The companies are exploring a combination of their Italian operations to create the country’s second-largest fixed-line broadband operation
The potential deal being discussed would see Vodafone take a minority stake in the combined entity, which would take its debt off Vodafone's balance sheet, said the people, who declined to be named because talks are not public and are ongoing.
Vodafone will likely hold a minority stake in a combined entity with Swisscom's Italian unit Fastweb if a deal is reached on a potential tie-up of their Italian operations, three people familiar with...
Swisscom is the only party in discussions over a potential Vodafone tie-up in Italy, sources close to the matter told Reuters. ...
Swisscom profit rises on Fastweb growth, declines comment on Vodafone talks By Mateusz Dobrzyniewski and Anastasiia Kozlova (Reuters) -Swisscom met expectations with a 4.9% rise in full-year core profit on Thursday boosted by growth in its Fastweb business in Italy. Fastweb is seeing accelerating growth in its customer base, with revenue from both business and […]