Swisscom's €8 billion acquisition of Vodafone Italia has received approval from Italy's communications authority, AGCOM, but still requires consent from the antitrust authority AGCM and the Ministry for Enterprise and Made in Italy. The merger, which will create the second-largest telecom provider in Italy, is expected to generate annual synergies of €600 million by 2029. Swisscom aims to finalize the deal by the first quarter of next year, despite concerns from competitors regarding market dominance and competition.
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