Vodafone’s European retrench continues: Italian retreat gets final regulatory nods
Joseph Purnell2024-12-23T17:15:00
Authorities rubber-stamp Swisscom’s acquisition of Vodafone Italy, pushing Margherita Della Valle’s ‘right-sized’ vision closer. By mid-2025, with €36bn+ bagged over 12 months, what’s in store for the far from insignificant remnants of rump Europe, developing market, digital infra, jazzed-up central function, and other assets and stakes? Read more…
This article includes:
- Organisations: Autorità Garante della Concorrenza e del Mercato (AGCM); Digi Communications (Digi Italia); European Commission (EC); Fastweb; Iliad; Italian Authority of Communications ((Autorità per le Garanzie nelle Comunicazioni/AGCOM); M-PESA; Ministry of Enterprises and Made in Italy (MIMIT); Safaricom; Swisscom; Telecom Italia (TIM); Three UK (3UK); Vodacom; Vodafone Group; Vodafone Ghana; Vodafone Hungary; Vodafone Italy; Vodafone Spain; Vodafone UK; Wind Tre; Zegona Communications.
- Geographic: Ethiopia; Europe; Germany; Ghana; Hungary; Italy; Kenya; South Africa; Spain; Switzerland; Turkey; UK.
- People: Aldo Bisio; Margherita Della Valle; Sabrina Casalta; Walter Renna.
- Themes: Behavioural commitments; EBITDAaL; Fixed network; M&A; Mobile virtual network operators (MVNO); Operating free cash flow; Share buyback programme; Spectrum allocation; Wholesale market; Wholesale services.