Swisscom completes acquisition of Vodafone Italia
22 hours ago · Due to closing in 2024, costs in the amount of up to EUR 200 million will be recognised in the Swisscom financial statements 2024. These costs relate to the planned exit from existing MVNO and mobile network-sharing agreements in connection with the migration of Fastweb mobile customers to the Vodafone Italia network and are part of the previously communicated integration costs.
Swisscom revises down earnings outlook after Vodafone Italia ...
14 hours ago · The company now expects earnings before interest, taxes, depreciation and amortization (EBITDA) of 4.3 to 4.4 billion Swiss francs for 2024, down from 4.5-4.6 billion francs previously guided for ...
Swisscom completes acquisition of Vodafone Italia
9 hours ago · Further details will be provided at the presentation of Swisscom’s FY 2024 results. The revised EBITDA guidance for 2024 is therefore CHF 4.3-4.4 billion (so far CHF 4.5-4.6 billion), with no ...
Swisscom Cuts Earnings Guidance on Early Closing of Vodafone …
Swisscom also said that given that the deal’s closing was recognized in 2024, instead of the first quarter of 2025 as initially planned, it would include up to €200 million in costs in its ...
Swisscom reports a healthy Q3 result | Swisscom
Oct 31, 2024 · Swisscom has a strong position as a full-service provider and customer satisfaction is high. Demand for cloud, security, IoT and SAP solutions and business applications continued to grow. Revenue from IT services rose by 5.0% to CHF 897 million in the first nine months of 2024.
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Swisscom Gets Clearance From Authorities to Buy Vodafone Italia
Dec 21, 2024 · Vodafone Group Plc in March struck an €8 billion ($8.3 billion) deal to sell its Italian business to Swisscom, setting the stage for a shake-up of the fiercely competitive Italian market. Under ...
Swisscom receives greenlight for acquisition of Vodafone Italia
Dec 21, 2024 · Swisscom announced its plans to acquire Vodafone Italia at the end of February this year. The purchase agreement was then signed in mid-March. In the view of the Swiss federal government, all...
Swisscom Cuts Earnings Guidance on Early Closing of
14 hours ago · Given that the deal's closing was recognized in 2024, instead of the first quarter of 2025 as initially planned, Swisscom said it would include up to 200 million euros in costs in its annual accounts.
Vodafone completes 8 bn euro sale of Italian unit to Swisscom
10 hours ago · Vodafone has sold its Italian unit to Swisscom for 8 billion euros as part of its Europe-wide restructuring. Proceeds will be used to reduce debt and benefit shareholders. Vodafone also plans to keep providing services to Vodafone Italy for up to five years. The company is focusing on cost-cutting and 5G network expansion.
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