Vodafone completes ?8bn deal to offload Italian arm

NAMPA / DPA

2025-01-02

London (PA Media/dpa) - Vodafone has completed the ?8 billion ($8.3 billion) sale of its Italian business to Switzerland's Swisscom as a flurry of deals are sewn up for the start of the new year. The mobile phone giant - which last month saw its £15 billion ($18.7 billion) tie-up with Three UK cleared by Britain's competition regulator - plans to use the cash to pay down its debt pile and complete a further ?2 billion share buyback to boost retur......

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