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Fastweb (telecommunications)
Fastweb is an Italian telecommunications company that provides Fixed telephony, fixed and mobile telephony, broadband Internet and IPTV services. It is also one of the prominent Company, companies in Italy providing FTTH Internet connection, connections, and it is part of Fastweb + Vodafone, as a subsidiary of Switzerland, Swiss telecommunications Company group, group Swisscom. In May 2007, Swisscom paid 3 billion euros for 82.4% of Fastweb. Swisscom subsequently bought out the Minority shareholder, minority shareholders after making a voluntary tender offer in September 2010. Therefore, Fastweb has been Delisting (stock), delisted from Borsa Italiana. On December 31, 2024, Swisscom Business acquisition, acquired Vodafone Italy with the goal of Merger, merging it with Fastweb to create Fastweb + Vodafone. History Founding Fastweb was founded in 1999 in Milan as a joint venture between e.Biscom (founded by Silvio Scaglia, Francesco Micheli, and Ruggero Gramatica) and Azienda ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary Company
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Broadband
In telecommunications, broadband or high speed is the wide-bandwidth (signal processing), bandwidth data transmission that exploits signals at a wide spread of frequencies or several different simultaneous frequencies, and is used in fast Internet access. The transmission medium can be coaxial cable, optical fiber, wireless Internet (radio), twisted pair cable, or satellite broadband, satellite. Originally used to mean 'using a wide-spread frequency' and for services that were analog at the lowest level, nowadays in the context of Internet access, 'broadband' is often used to mean any high-speed Internet access that is seemingly always 'on' and is faster than Dial-up Internet access, dial-up access over traditional plain old telephone service, analog or ISDN public switched telephone network, PSTN services. The ideal telecommunication network has the following characteristics: ''broadband'', ''multi-media'', ''multi-point'', ''multi-rate'' and economical implementation for a di ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Merger
Mergers and acquisitions (M&A) are business transactions in which the ownership of a company, business organization, or one of their operating units is transferred to or consolidated with another entity. They may happen through direct absorption, a merger, a tender offer or a hostile takeover. As an aspect of strategic management, M&A can allow enterprises to grow or downsize, and change the nature of their business or competitive position. Technically, a is the legal consolidation of two business entities into one, whereas an occurs when one entity takes ownership of another entity's share capital, equity interests or assets. From a legal and financial point of view, both mergers and acquisitions generally result in the consolidation of assets and liabilities under one entity, and the distinction between the two is not always clear. Most countries require mergers and acquisitions to comply with antitrust or competition law. In the United States, for example, the Clayt ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vodafone Italy
Vodafone Italy is an Italian telecommunications company part of Fastweb + Vodafone, as a subsidiary of Italian telecommunications group Fastweb. The company's headquarters are in Ivrea ( TO) and Milan. Founded in 1994 as Omnitel, in 2001, following the acquisition by the Vodafone Group, it changed its name to Omnitel Vodafone, in 2002 it changed again to Vodafone Omnitel, and then in 2003 it took on its current name. On December 31, 2024, it was acquired by Swisscom. At the same time, the integration process with Fastweb began, and both companies started being managed by a single Executive Committee under the corporate brand Fastweb + Vodafone. It has 30,153,000 mobile phone customers and 3,182,000 fixed phone lines, with respectively a market share of 28.5% and 16%. Since taking over the company, Vodafone has introduced in Italy services like Vodafone live!, the 3G, 4G and 5G mobile networks, DSL, fiber-optic and FWA services, and Mobile Virtual Network Operators ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Business Acquisition
Mergers and acquisitions (M&A) are business transactions in which the ownership of a company, business organization, or one of their operating units is transferred to or consolidated with another entity. They may happen through direct absorption, a merger, a tender offer or a hostile takeover. As an aspect of strategic management, M&A can allow enterprises to grow or downsize, and change the nature of their business or competitive position. Technically, a is the legal consolidation of two business entities into one, whereas an occurs when one entity takes ownership of another entity's share capital, equity interests or assets. From a legal and financial point of view, both mergers and acquisitions generally result in the consolidation of assets and liabilities under one entity, and the distinction between the two is not always clear. Most countries require mergers and acquisitions to comply with antitrust or competition law. In the United States, for example, the Clayton ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Borsa Italiana
Borsa Italiana () or Borsa di Milano (), based in Milan at Palazzo Mezzanotte, Mezzanotte Palace, is the Italy, Italian stock exchange. It manages and organises domestic market, regulating procedures for admission and listing of companies and intermediaries and supervising disclosures for listed companies.italy24.ilsole4ore.com,Borsa Italiana" Following exchange privatisation in 1997, the Italian Bourse was established and became effective on 2 January 1998.source sense.com,Borsa Italiana On 23 June 2007, the Italian Bourse became a subsidiary of the London Stock Exchange Group.news.bbc.co.uk,London Stock Exchange Buys Borsa This changed on 9 October 2020, when a €4.3 billion deal was agreed between the London Stock Exchange Group and pan-European stock exchange group Euronext. Euronext's acquisition of the Italian Bourse was completed on 29 April 2021. It is expected Italian Bourse will be rebranded as Euronext Milan in due course. Borsa Italiana is also informally known as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Delisting (stock)
In corporate finance, a listing refers to the company's shares being on the list (or board) of stock that are publicly listed. Some stock exchanges allow shares of a foreign company to be listed and may allow dual listing, subject to conditions. Normally the issuing company is the one that applies for a listing but in some countries an exchange can list a company, for instance because its stock is already being traded via informal channel Stocks whose market value and/or turnover fall below critical levels may be delisted by the exchange. Delisting often arises from a merger or takeover, or the company going private. Requirements Each stock exchange has its own 'listing requirements'' or rules. Initial listing requirements usually include supplying a history of a few years of financial statements (not required for "alternative" markets targeting young firms); a sufficient size of the amount being placed among the general public (the free float), both in absolute terms and a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tender Offer
In corporate finance, a tender offer is a type of public takeover bid. The tender offer is a public, open offer or invitation (usually announced in a newspaper advertisement) by a prospective acquirer to all stockholders of a publicly traded corporation (the target corporation) to tender their stock for sale at a specified price during a specified time, subject to the tendering of a minimum and maximum number of shares. In a tender offer, the bidder contacts shareholders directly; the directors of the company may or may not have endorsed the tender offer proposal. To induce the shareholders of the target company to sell, the acquirer's offer price is usually at a premium over the current market price of the target company's shares. For example, if a target corporation's stock was trading at $10 per share, an acquirer might offer $11.50 per share to shareholders on the condition that 51% of shareholders agree. Cash or securities may be offered to the target company's shareholders, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Minority Shareholder
In accounting, minority interest (or non-controlling interest) is the portion of a subsidiary corporation's stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50% of outstanding shares, or the corporation would generally cease to be a subsidiary of the parent. It is, however, possible (such as through special voting rights) for a controlling interest requiring consolidation to be achieved without exceeding 50% ownership, depending on the accounting standards being employed. Minority interest belongs to other investors and is reported on the consolidated balance sheet of the owning company to reflect the claim on assets belonging to other, non-controlling shareholders. Also, minority interest is reported on the consolidated income statement as a share of profit belonging to minority shareholders. The reporting of 'minority interest' is a consequence of the requirement by accounting standards to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Company Group
A corporate group, company group or business group, also formally known as a group of companies, is a collection of parent and subsidiary corporations that function as a single economic entity through a common source of control. These types of groups are often managed by an account manager. The concept of a group is frequently used in tax law and accounting and (less frequently) company law to attribute the rights and duties of one member of the group to another or the whole. If the corporations are engaged in entirely different businesses, the group is called a conglomerate. The forming of corporate groups usually involves consolidation via mergers and acquisitions, although the group concept focuses on the instances in which the merged and acquired corporate entities remain in existence rather than the instances in which they are dissolved by the parent. The group may be owned by a holding company which may have no actual operations. Black Bear Development, conceptualized by p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Switzerland
Switzerland, officially the Swiss Confederation, is a landlocked country located in west-central Europe. It is bordered by Italy to the south, France to the west, Germany to the north, and Austria and Liechtenstein to the east. Switzerland is geographically divided among the Swiss Plateau, the Swiss Alps, Alps and the Jura Mountains, Jura; the Alps occupy the greater part of the territory, whereas most of the country's Demographics of Switzerland, 9 million people are concentrated on the plateau, which hosts List of cities in Switzerland, its largest cities and economic centres, including Zurich, Geneva, and Lausanne. Switzerland is a federal republic composed of Cantons of Switzerland, 26 cantons, with federal authorities based in Bern. It has four main linguistic and cultural regions: German, French, Italian and Romansh language, Romansh. Although most Swiss are German-speaking, national identity is fairly cohesive, being rooted in a common historical background, shared ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Internet Connection
Internet access is a facility or service that provides connectivity for a computer, a computer network, or other network device to the Internet, and for individuals or organizations to access or use applications such as email and the World Wide Web. Internet access is offered for sale by an international hierarchy of Internet service providers (ISPs) using various networking technologies. At the retail level, many organizations, including municipal entities, also provide cost-free access to the general public. Types of connections range from fixed-line cable (such as DSL and fiber optic) to mobile (via cellular) and satellite. The availability of Internet access to the general public began with the commercialization of the early Internet in the early 1990s, and has grown with the availability of useful applications, such as the World Wide Web. In 1995, only percent of the world's population had access, with well over half of those living in the United States and consumer u ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
