Swisscom Take Full Ownership Through Vodafone Sale

Vodafone have agreed to sell their 25% stake in leading Swiss mobile network, Swisscom, for around EUR2.6bn, giving Swisscom 100% ownership of the company with the Swiss mobile giant already owning 75%. Quoting an “attractive” price, Arun Sarin (Vodafone’s CEO) said “We do not see ourselves as the most appropriate holder of this minority stake in the longer-term”.

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