Infostrada may attract bid from Vodafone
Infostrada, the Italian Internet and telecoms company, could attract a bid from Vodafone, the listed UK mobile phone group, Italian language daily Il Sole 24 Ore reported. The report cited financial sources
The report said that Vodafone sees Infostrada as an alternative investment to Fastweb, the listed Italian telecoms group controlled by Swisscom. The report said that Vodafone considers Swisscom's asking price too high.
The report noted that Infostrada is controlled by Wind, the Italian telecoms group, which is in turn is controlled by the Russian telecoms group Vimpelcom.
Il Sole 24 Ore