Finance
Swisscom Vodafone Italia purchase cleared by Italian authorities
Published by Global Banking & Finance Review®
Posted on December 21, 2024
1 min readLast updated: January 27, 2026
Quick Summary
Swisscom's 8 billion euro acquisition of Vodafone Italia has been approved by Italian authorities, setting the stage for a major telecom merger in Italy.
Swisscom's Purchase of Vodafone Italia Approved by Italy
ZURICH (Reuters) - Swisscom's planned acquisition of Vodafone Italia has been cleared by Italy's competition watchdog and its industry ministry, the Swiss telecoms group said.
The 8 billion euro ($8.34 billion) deal was approved by both the Italian Competition Authority (Autorità Garante della Concorrenza e del Mercato) and the Ministry of Enterprises and Made in Italy (MIMIT), the Swiss firm said.
"This paves the way to the creation of a leading converged challenger in Italy, as all competent authorities approved the transaction," Swisscom said in a statement.
Swisscom said it expects the transaction to complete in the first quarter of 2025.
Reuters had previously reported that the Italian antitrust body was preparing to greenlight the purchase.
($1 = 0.9589 euros)
(Writing by Dave Graham)
Key Takeaways
- •Swisscom's acquisition of Vodafone Italia has been approved.
- •The deal is valued at 8 billion euros.
- •Approval was granted by Italy's competition watchdog and industry ministry.
- •The transaction is expected to complete in Q1 2025.
- •The acquisition creates a leading converged telecom challenger in Italy.
Frequently Asked Questions about Swisscom Vodafone Italia purchase cleared by Italian authorities
1What is the main topic?
The main topic is Swisscom's acquisition of Vodafone Italia and its approval by Italian authorities.
2Who approved the acquisition?
The acquisition was approved by the Italian Competition Authority and the Ministry of Enterprises and Made in Italy.
3When is the transaction expected to complete?
The transaction is expected to complete in the first quarter of 2025.