Fastweb (telecommunications company)
Fastweb's headquarters in Milan, Italy | |
| Company type | Subsidiary |
|---|---|
| BIT: FWB (delisted) | |
| ISIN | IT0001423562 |
| Industry | Telecommunications |
| Founded | September 1999 |
| Founder |
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| Headquarters | , Italy |
Area served | Italy |
Key people |
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| Services | Fixed and mobile telephony, Broadband Internet, IPTV |
| Revenue | 2,800,000,000 euro (2024) |
| 2.633 billion € | |
| Owner | Swisscom |
Number of employees | 3417 |
| Parent | Fastweb + Vodafone |
| Website | www |
Fastweb S.p.A. is an Italian telecommunications company that provides fixed and mobile telephony, broadband Internet and IPTV services. It is one of the leading providers of FTTH connections in Italy, and operates as part of Fastweb + Vodafone, a subsidiary of the Swiss telecommunications group Swisscom.
In May 2007, Swisscom acquired a controlling stake of 82.4% in Fastweb for €3 billion. The company later purchased the remaining shares from minority shareholders following a voluntary tender offer in September 2010, after which Fastweb was delisted from the Borsa Italiana.
On December 31, 2024, Swisscom acquired Vodafone Italy with the aim of merging it with Fastweb to form Fastweb + Vodafone. Vodafone Italy will be legally merged into Fastweb on January 1, 2026; however, Fastweb will continue to operate the Vodafone brand separately, which will be gradually phased out by 2029.