Fastweb (telecommunications company)
FASTWEB S.p.A. is an Italian telecommunications company that provides fixed and mobile telephony, broadband Internet and IPTV services. It 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 headquarters in Milan, Italy | |
| Company type | Public S.p.A. |
|---|---|
Traded as | BIT: FWB |
| ISIN | IT0001423562 |
| Industry | Telecommunications |
| Founded | 1999 |
| Founder | Silvio Scaglia, Ruggero Gramatica, Francesco Micheli |
| Headquarters | Milan , Italy |
Area served | Italy |
Key people | Christoph Aeschlimann (Chairman), Eugen Stermetz (Vice-Chairman), Walter Renna (General director) |
| Services | Fixed and mobile telephony, Broadband Internet, IPTV |
| Owner | Swisscom (100%) |
Number of employees | 3417 |
| Parent | Swisscom |
| Subsidiaries | Flash Fiber (20%) |
| Website | www |
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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