Renna: «Fastweb+Vodafone, integration instantly. We will spend money on infrastructure and expertise” | EUROtoday

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The closing of the acquisition of Vodafone Italia by Swisscom was presupposed to happen throughout the first quarter of 2025. However, the ultimate phrase arrived on December thirty first. «We managed to remain totally on time and be as fast as doable as a result of the authorizations arrived on time. And this enables us to begin instantly with the mixing of the 2 corporations.”

Walter Renna, 42 years old, at Fastweb since 1 October 2023, begins 2025 at the helm of Fastweb + Vodafone. The goal? «Becoming the first choice for all market segments: consumer, business and wholesale». All by focusing on investments “in infrastructure and applied sciences, with assets that may be free of the union of the 2 realities”.

Putting two companies together is generally synonymous with redundancies. What do you foresee?

However, the impact on employees will be minimal. The operation will generate 600 million in annual synergies, most of which depend on greater operational efficiency. Fastweb does not have a mobile network unlike Vodafone, but has a more developed proprietary fixed network. All this to say that complementarity is very high. Furthermore, at Fastweb, and now at Fastweb + Vodafone, we are working to grow in new market segments. I’m thinking of data centers, cybersecurity or artificial intelligence. All this will require new staff and will also allow us to absorb future overlaps.

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