{"id":855523,"date":"2024-09-12T17:14:05","date_gmt":"2024-09-12T11:44:05","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=855523"},"modified":"2024-09-13T10:52:59","modified_gmt":"2024-09-13T05:22:59","slug":"swisscom-says-italian-regulator-probing-vodafone-italia-acquisition-2","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/09\/12\/swisscom-says-italian-regulator-probing-vodafone-italia-acquisition-2\/","title":{"rendered":"Swisscom says Italian regulator probing Vodafone Italia acquisition"},"content":{"rendered":"<p>Italy&#8217;s competition authority has opened an in-depth investigation to assess the acquisition of Vodafone Italia by Swisscom under Italian merger control rules, the Swiss telecoms company said on Thursday. <\/p>\n<p>Swisscom said such Phase II reviews &#8220;are not uncommon in the telecommunications sector&#8221; and that the company &#8220;remains convinced that the transaction is pro-competitive&#8221;. <\/p>\n<p>&#8220;We will continue to work closely and constructively with the Italian Competition Authority to secure a timely clearance,&#8221; Swisscom added in a statement. <\/p>\n<p>Following the announcement of the acquisition of Vodafone Italia on March 15, Swisscom secured financing for the purchase price of 8 billion euros ($8.82 billion) in May 2024 and expects the transaction to be completed in the first quarter of next year, according to the statement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Italy&#8217;s competition authority has opened an in-depth investigation to assess the acquisition of Vodafone Italia by Swisscom under Italian merger control rules, the Swiss telecoms company said on Thursday. Swisscom said such Phase II reviews &#8220;are not uncommon in the telecommunications sector&#8221; and that the company &#8220;remains convinced that the transaction is pro-competitive&#8221;. &#8220;We will continue to work closely and constructively with the Italian Competition Authority to secure a timely clearance,&#8221; Swisscom added in a statement. Following the announcement of the acquisition of Vodafone Italia on March 15, Swisscom secured financing for the purchase price of 8 billion euros ($8.82 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[8],"tags":[],"class_list":["post-855523","post","type-post","status-publish","format-standard","hentry","category-telecom"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/855523","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=855523"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/855523\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=855523"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=855523"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=855523"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}