M&A Deal Summary

Swisscom Acquires Fastweb

On May 1, 2007, Swisscom acquired communications company Fastweb for 3.0B EUR

Acquisition Highlights
  • This is Swisscom’s 1st transaction in the Communications sector.
  • This is Swisscom’s largest (disclosed) transaction.
  • This is Swisscom’s 1st transaction in Italy.

M&A Deal Summary
Date 2007-05-01
Target Fastweb
Sector Communications
Buyer(s) Swisscom
Deal Type Add-on Acquisition
Deal Value 3.0B EUR

Target

Fastweb

Milan, Italy
website
Fastweb is a telecommunications operator in Italy. The company promotes the digital transformation of society to build an increasingly connected, inclusive and eco-sustainable future. Fastweb is based in Milan, Italy.

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Buyer(S) 1

Buyer

Swisscom

Bern, Switzerland

website

Category Company
Founded 1852
Sector Communications
Employees18,905
Revenue 11.2B CHF (2021)
DESCRIPTION

Swisscom is an entity which offers telecommunication services mainly in Switzerland and Italy. Swisscom was founded in 1852 and is based in Bern, Switzerland.

DEAL STATS #
Overall 2 of 7
Sector (Communications) 1 of 2
Type (Add-on Acquisition) 2 of 6
Country (Italy) 1 of 2
Year (2007) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-09-07 Betty Holding AG

Zurich, Swaziland

Betty Holding AG is a service and technology provider for interactive television. Based on the proprietary Betty-technology, TV-stations or TV-operators operate an interactive TV-platform for i.e. gaming, voting or shopping where tv-viewer and TV-stations communicate real-time and seamlessly.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-05-07 Tweasy SA

Neuchâtel, Switzerland

Tweasy SA is a web-based application for online marketing for SMEs, ITreseller.ch reports.

Buy -
Mergr

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