(Sharecast News) – Italian telecom operator Fastweb is reportedly exploring a potential deal for Vodafone’s local operations.
Bloomberg cited people with knowledge of the matter as saying that Fastweb – which is owned by Swisscom – is among suitors that have been studying a potential combination with Vodafone Italy.
Vodafone has also continued to hold on-and-off discussions in recent months with French billionaire Xavier Niel’s Iliad SA about a potential merger of their Italian businesses, according to Bloomberg sources, though there is no certainty that Vodafone will decide to proceed with any transaction.
Vodafone rejected an €11.25bn bid for its Italian unit from an Iliad-backed consortium last year, saying the offer wasn’t in shareholders’ best interests.
