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Broadband

Vodafone eyes Fastweb as next takeover target - report

Friday 14 June 2013 | 08:59 CET | News
Vodafone is considering an eventual acquisition of Fastweb in Italy to expand its fixed-line and internet assets, people familiar with the matter told Bloomberg. The mobile operator has Fastweb, a unit of Swisscom, on a list of potential targets in Europe, the report said. For now, Vodafone is focused on completing its proposed takeover of Kabel Deutschland. Vodafone made two informal approaches for Fastweb this year and in 2011 that were rejected by Swisscom, two of the people said. Vodafone spokesman Simon Gordon declined to comment on the company's interest in Fastweb.

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Categories: Fixed
Companies: Fastweb / Kabel Deutschland / Swisscom / Vodafone
Countries: Italy
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