Saturday, 22 July 2017

Vodafone quiet on Fastweb takeover reports

By Nick Wood, Total Telecom
Friday 14 June 13

Report claims Italian fixed-line provider on Voda's shopping list as U.K.-based operator looks beyond mobile for growth.

Vodafone opted to keep quiet on Friday over speculation that it is mulling an acquisition of Italian broadband provider Fastweb. Bloomberg late Thursday cited unnamed sources who claimed Fastweb is on a list of potential takeover targets, as Vodafone seeks to expand beyond mobile in a bid to stimulate new growth at its European operations…

Vodafone opted to keep quiet on Friday over speculation that it is mulling an acquisition of Italian broadband provider Fastweb. Bloomberg late Thursday cited unnamed sources who claimed Fastweb is on a list of potential takeover targets, as Vodafone seeks to expand beyond mobile in a bid to stimulate new growth at its European operations…

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