Vodafone Italy sold to to Swisscom for €8mln
SCMWYSwisscom(SCMWY) Proactive Investors·2024-03-15 15:46

Vodafone Group PLC (LSE:VOD) has signed off on the €8 billion (£6.8 billion) sale of its Italian operations to Swisscom. The debt-ridden British telecoms multinational initially confirmed talks with Swisscom on a potential sale in February as part of a major overhaul of its European footprint. "Today, I am announcing the third and final step in the reshaping of our European operations,” remarked Vodafone boss Margherita Della Valle. “Going forward, our businesses will be operating in growing telco markets - ...