Swisscom: new green light for acquisition of Vodafone Italia
(CercleFinance.com) - Swisscom announced on Wednesday that the Italian communications regulator has given the go-ahead for its acquisition of Vodafone Italia.
According to the Swiss telecom operator, AGCOM's approval is a further important step towards obtaining the regulatory approvals required to complete the transaction.
The transaction now remains subject to two other regulatory approvals, including that of the Italian competition authority (AGCM), which last September opened an in-depth 'phase II' investigation to assess the impact of the transaction.
As it said last March, Swisscom still expects to complete the transaction in Q1 2025.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
According to the Swiss telecom operator, AGCOM's approval is a further important step towards obtaining the regulatory approvals required to complete the transaction.
The transaction now remains subject to two other regulatory approvals, including that of the Italian competition authority (AGCM), which last September opened an in-depth 'phase II' investigation to assess the impact of the transaction.
As it said last March, Swisscom still expects to complete the transaction in Q1 2025.
Copyright (c) 2024 CercleFinance.com. All rights reserved.