Fastweb (telecommunications company)

FASTWEB S.p.A. is an Italian telecommunications company that provides fixed and mobile telephony, broadband Internet and IPTV services. FASTWEB is also one of the prominent companies in Italy providing FTTH connections, and is a subsidiary of the Swiss telecommunication company Swisscom AG.

FASTWEB S.p.A.
Company typeS.p.A.
IndustryTelecommunications
Founded1999 (1999)
FounderSilvio Scaglia, Ruggero Gramatica, Francesco Micheli
Headquarters,
Italy
Area served
Italy
Key people
Mario Rossi (Chairman ad interim), Ueli Dietiker (Vice-Chairman), Alberto Calcagno (General director)
ServicesFixed and mobile telephony, Broadband Internet, IPTV
OwnerSwisscom (100%)
Number of employees
3417
ParentSwisscom
SubsidiariesFlash Fiber (20%)
Websitewww.fastweb.it

In May 2007, Swisscom paid 3 billion euros for 82.4% of FASTWEB. Swisscom subsequently bought out the minority shareholders after making a voluntary tender offer in September 2010. Therefore, FASTWEB has been delisted from Borsa Italiana.

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