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Finance

Swisscom revises down earnings outlook after Vodafone Italia acquisition complete

Published by Global Banking & Finance Review

Posted on January 2, 2025

1 min read

· Last updated: January 27, 2026

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This image features the Swisscom logo, highlighting the company's recent acquisition of Vodafone Italia. The article discusses the impact on Swisscom's earnings outlook, emphasizing the expected costs and revised EBITDA forecasts.

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Swisscom Adjusts Earnings Forecast After Vodafone Italia Deal

(Reuters) - Swisscom said on Thursday that it has completed its acquisition of competitor Vodafone Italia, which it will now begin merging with its Italian business Fastweb.

The Swiss company said costs in the amount of up to 200 million euros ($207.20 million) would be recognised in its 2024 financial results due to the closing this year and revised down its full-year earnings outlook.

The company now expects earnings before interest, taxes, depreciation, and amortization (EBITDA) of 4.3 to 4.4 billion Swiss francs, down from 4.5-4.6 billion francs previously guided for.

($1 = 0.9653 euros)

(Reporting by Marleen Kaesebier in Gdansk, Editing by Miranda Murray)

Key Takeaways

Swisscom completes Vodafone Italia acquisition.
Merger with Fastweb set to begin.
Costs of up to 200 million euros expected in 2024.
Earnings outlook revised down to 4.3-4.4 billion francs.
Impact on Swisscom's financial results anticipated.

Frequently Asked Questions

What is the main topic?

The article discusses Swisscom's acquisition of Vodafone Italia and the subsequent revision of its earnings outlook.

Why did Swisscom revise its earnings outlook?

Swisscom revised its earnings outlook due to costs associated with the Vodafone Italia acquisition.

What financial impact is expected from the acquisition?

Swisscom expects costs up to 200 million euros to be recognized in its 2024 financial results.

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