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Swisscom’s Vodafone Italia acquisition cleared by Italian communications authority
Swisscom logo on glass building exterior.

Published : 3 weeks ago, on

(Reuters) – Swisscom’s acquisition of Vodafone Italia was cleared by Italy’s communications authority AGCOM, the Swiss telecoms group said on Wednesday.

The 8 billion euro ($8.48 billion) acquisition is still subject to two other regulatory approvals, including that of the Italian antitrust authority AGCM, Swisscom said.

The AGCM, whose approval is required to complete the deal, in September opened an in-depth review of Swisscom’s buyout of Vodafone Italia, which would be merged with Fastweb.

($1 = 0.9435 euros)

 

(Reporting by Marleen Kaesebier, Editing by Miranda Murray)

Wanda Rich has been the Editor-in-Chief of Global Banking & Finance Review since 2011, playing a pivotal role in shaping the publication's content and direction. Under her leadership, the magazine has expanded its global reach and established itself as a trusted source of information and analysis across various financial sectors. She is known for conducting exclusive interviews with industry leaders and oversees the Global Banking & Finance Awards, which recognize innovation and leadership in finance. In addition to Global Banking & Finance Review, Wanda also serves as editor for numerous other platforms, including Asset Digest, Biz Dispatch, Blockchain Tribune, Business Express, Brands Journal, Companies Digest, Economy Standard, Entrepreneur Tribune, Finance Digest, Fintech Herald, Global Islamic Finance Magazine, International Releases, Online World News, Luxury Adviser, Palmbay Herald, Startup Observer, Technology Dispatch, Trading Herald, and Wealth Tribune.

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