Saudi stc Group reportedly eyes Iberian M&A fiercewireless.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fiercewireless.com Daily Mail and Mail on Sunday newspapers.
British telecoms giant Vodafone is in advanced talks to sell its Italian unit to Switzerland's Swisscom, agreeing on a preliminary price of eight billion euros ($8.7 billion), the companies said Wednesday.Swisscom said it would merge Vodafone Italy with its own Italian unit, Fastweb.