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Broadband

Swisscom has no plans to buy-out Fastweb minorities

Thursday 2 September 2010 | 09:00 CET | News
Swisscom has reiterated that it currently has no concrete plans to buy out the existing minority shareholders of its Italian fixed network subsidiary Fastweb, following speculations in the press, which lead to heavy fluctuations in the Fastweb share price. Swisscom currently owns 82 percent of the Fastweb shares and continues to weigh the option to buy the minorities against the alternatives, without having reached a decision on this matter yet.

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Categories: Fixed
Companies: Fastweb / Swisscom
Countries: Italy
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