Vodafone CEO Margherita Della Valle | Photo: Reuters By John Revill Swisscom said on Friday it will buy Vodafone Italia for 8 billion euros ($8.7 billion) and merge the business with its Italian subsidiary Fastweb in the latest round of consolidation in Europe’s most competitive telecoms markets. The acquisition follows the merger of French mobile operator Orange’s Spanish business with rival MasMovil, that was approved earlier this week, and Vodafone selling its Spanish unit to Zegona Communications last October. Swiss government-controlled Swisscom said the Vodafone Italia deal will be debt-financed and paid in cash. Vodafone said it would return 4 billion euros of capi
Hence then, the article about vodafone exits italy sells operations to swisscom for 8 7 billion was published today ( ) and is available onBloomberg News Today ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Vodafone exits Italy, sells operations to Swisscom for $8.7 billion )