While the European Commission gave the green light on Tuesday to the acquisition of Vodafone Italia by Swisscom! Italy is more scrupulous. For its part! the Italian competition authority announced on September 11 that it had opened an in-depth investigation into this transaction estimated at 8 billion euros. This divergence of approaches between Brussels and Rome raises questions about the future of this major operation in the European telecom landscape.
The European Commission has cleared the acquisition under the Foreign Subsidies Regulation! an important step towards the completion of the transaction. This decision follows the preliminary examination completed on September 23! allowing the transaction to be completed without reservations from a European perspective! according to this press release .
A path strewn with pitfalls
Despite this European green light! Swisscom still has to linkedin database overcome several regulatory hurdles! particularly in Italy. The Italian competition authority has decided to open an in-depth investigation to assess the impact of this acquisition on the Italian telecoms market. This decision could potentially delay or complicate the finalization of the transaction planned for the first quarter of 2025.
Swisscom! however! wants to be reassuring! stating that phase II reviews are not unusual in the telecoms sector. The Swiss operator says it is convinced that the transaction will not harm competition and is hubspot vs. pardot: a comprehensive comparison committed to working closely with the Italian authorities to obtain the necessary authorizations within the time limits! according to this other text .
Swisscom offers
A process well underway despite everything
It is worth noting that Swisscom has already reached several important milestones in this acquisition process. In particular! the operator secured the necessary financing in May 2024 and received the unconditional approval of the Italian Presidency of the Council of Ministers under the “Golden Power” legislation.
Despite these significant advances! the Vodafone Italia acquisition outcome of this acquisition jiangsu mobile phone number list remains uncertain given Italian reluctance. It will be interesting to follow the development of this file in the coming months! which could redraw the telecoms landscape in Italy and have repercussions on the European market as a whole.