EC approves Swisscom’s Vodafone Italia takeover
The European Commission has approved the acquisition of Vodafone Italia by Swisscom under the foreign subsidies regulation in a deal worth €8 billion. Swisscom, the Switzerland-based telco, plans to merge Vodafone Italia with Fastweb, its subsidiary in Italy. “Swisscom has been operating successfully in Italy since the acquisition of Fastweb in 2007. Over this period, […]