Swisscom offers new proposals to win Italy's approval for Vodafone deal
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 12 2024
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Source: Reuters
Swisscom's Merger Proposal: Swisscom has submitted a second set of remedies to Italy's antitrust authority to gain approval for its €8 billion acquisition of Vodafone Italia, which will merge with Fastweb. The authority is concerned that the merger could limit competition in Italy's fixed-line wholesale service market.
Proposed Remedies and Review Timeline: The new proposals include granting competitors access to Fastweb's fiber infrastructure and ensuring transparency in public tenders. The Italian antitrust authority is expected to complete its review by December 10, with Swisscom aiming to finalize the deal in early 2024.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
