After more than 40 years of operation, DTVE is closing its doors and our website will no longer be updated daily. Thank you for all of your support.
Swisscom responds to Fastweb speculation
Swiss telco Swisscom has said it has yet to take a decision on buying out minority shareholders in its Italian subsidiary Fastweb after speculation about a delisting of the latter sent its share price up by 10%.
“Buying out minority shareholders of Fastweb has pros and cons. Whereas we are convinced it would be a good investment to own 100% instead of the current 82%, a buyout would also consume part of our limited financial capacity. We have to weigh the option to buy the minorities against the alternatives, and have not reached a decision on this matter,” Swisscom said.
Â
Â