--Swisscom is considering a bid for Vodafone Group's Italian business, which could potentially rival a 10.45 billion-euro ($11.43 billion) proposal made by Iliad Group, Bloomberg reports, citing unnamed sources.

--The Swiss telecommunications company, which is present in Italy through its Fastweb business, is in talks with U.K.-based Vodafone over the terms and a bid could be formalized early next year, according to Bloomberg.

--Swisscom declined to comment, while Vodafone didn't immediately respond to a request for comment from Dow Jones Newswires.

Full story: https://shorturl.at/chO69

Write to Adria Calatayud at adria.calatayud@dowjones.com

(END) Dow Jones Newswires

December 21, 2023 02:53 ET (07:53 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.
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