What Fastweb + Vodafone does

Fastweb + Vodafone is the Italian converged telecommunications operator formed on January 2, 2025, when Swisscom completed the acquisition of Vodafone Italia and merged it with Fastweb S.p.A. Operating as a wholly-owned subsidiary of Swisscom AG and headquartered at Piazza Adriano Olivetti 1 in Milan, the company reports approximately €3.5 billion in 2024 consolidated revenues, over 1,000 employees, and over 7% standalone revenue growth. It serves consumer, enterprise (B2B), public administration, and wholesale customers across Italy under three commercial brands — Fastweb (premium fiber), Vodafone Italia (mobile), and ho. Mobile (low-cost mobile).

The company's product portfolio spans fixed broadband (FTTH fiber), mobile services over 4G/5G networks, converged bundles, ICT managed services, sovereign cloud (FASTCloud Open Source, OpenStack-based and ACN-qualified), proprietary AI services (FastwebAI Suite, the FastwebMIIA large language model, and the ROSS sovereign AI agent from subsidiary NextMindLab), cybersecurity, energy services (Fastweb Energia, MonitorConsumi, Fastweb Power Control smart plug), and digital-skills training (Fastweb Digital Academy, LV8 gamified app). Underlying infrastructure includes proprietary fiber, a mobile network expanded through a 50-50 tower joint venture with TIM targeting ~15,500 mobile sites per operator by end of 2028, REN sharing with TIM, ACN-qualified proprietary data centers hosting FASTCloud, and a supercomputer used to develop AI solutions. The company holds ISO 42001 AI management certification, is an AWS Premier Tier Services Partner, and is among the first subscribers to the EU Code of Conduct for Generative AI models.

Distribution runs through digital self-serve channels (MyFastweb and My Vodafone apps, websites), 120+ retail points of sale across Italy, dedicated enterprise direct-sales teams, the Consip public procurement framework, dealer networks, and wholesale network access agreements. Revenue streams are largely recurring subscriptions across telecom services, ICT and B2B value-added services, energy, and wholesale. The company is targeting €300 million in run-rate synergies by end of 2026 from the Fastweb/Vodafone integration (€95 million already achieved in 2025), supported by SIM migration onto the proprietary mobile network and consolidation of network operations.

Name

Fastweb + Vodafone

Legal name

Fastweb S.p.A.

Website

https://fastwebvodafone.it

Company type

Private

Founded year

2025

Operating status

Operating

Headcount range

1–10 employees

Short description

Fastweb + Vodafone is an Italian converged telecom operator formed in 2025 under Swisscom, combining fiber and mobile networks to serve consumers, businesses, and public administration with broadband, ICT, sovereign cloud, AI services, and energy solutions.

Ownership category

akta.pro rank

Product category

Telecommunications Services

NAICS

Wired Telecommunications Carriers (517111), Wireless Telecommunications Carriers (except Satellite) (517112), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)

SIC

Telephone Communications (No Radiotelephone) (4813), Radiotelephone Communications (4812)

akta.pro primary industry

Fiber-to-the-Premises/Building (FTTP/FTTB) Operators (HDAIACAC)

akta.pro secondary industry

Backbone & Long-Haul Transport (IP/MPLS, Optical/Wavelength) (HDABALAH)

Keywords

• Telecommunications services
• Fiber broadband services
• Mobile network services
• Cloud computing services
• Enterprise ICT solutions

Headquarters

HQ city

Milano

HQ country

Italy

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Infrastructure, Personnel, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. Telecom Services (Consumer & Business): Core telecommunications services including fiber optic (FTTH) broadband, mobile (4G/5G) services, and converged offers. Revenue from consumer, SMB, and enterprise segments. Stable core telco revenues with margins supported by infrastructure control and 5G expansion. Fastweb + Vodafone offers super-convergent bundles combining fixed and mobile services.
2. ICT & Value-Added Services (B2B): ICT services including managed services, cybersecurity, cloud solutions (FASTCloud), and AI services (FastwebAI Suite) for enterprise and public administration customers. Strong growth in ICT revenues cited as a key driver. The company is also a certified AWS Premier Tier Services Partner and Consip cloud procurement supplier.
3. Energy Services: Fastweb Energia provides electricity services to domestic customers. Growth at double digits in energy services. Products include MonitorConsumi (energy monitoring) and Fastweb Power Control (smart plug for home energy management).
4. Wholesale & Network Services: Wholesale connectivity services provided to other telecom operators including network access, roaming, and infrastructure sharing. Strong performance in wholesale segment noted in financial results.
5. Mobile Services (ho. Mobile Brand): Low-cost mobile services under the ho. Mobile brand targeting budget-conscious consumers. ho. Mobile offers at €6.95/month with marketing campaigns centered on community engagement and authentic customer testimonials.

Pricing tiers

Go-to-market motion4 records

Distribution channels7 records

Marketing channels14 records

Core offering

Fastweb + Vodafone is a converged telecommunications operator in Italy offering fixed fiber (FTTH) and mobile (4G/5G) connectivity services to consumers, businesses, and public administration. Beyond connectivity, it provides ICT managed services, sovereign cloud infrastructure (FASTCloud), proprietary AI services (FastwebAI Suite with FastwebMIIA LLM and ROSS AI agent), and energy services for households.

Product overview

Fastweb + Vodafone is a converged telecommunications operator in Italy formed through Swisscom's acquisition of Vodafone Italia (completed January 2025). The company offers a multi-product portfolio spanning fixed and mobile connectivity, cloud services, AI solutions, and energy management. Key products include: FASTCloud (cloud platform with OpenStack-based sovereign architecture), FastwebAI Suite (proprietary AI platform with FastwebMIIA LLM and ROSS AI agent), consumer mobile services under Fastweb Mobile and ho. Mobile brands, Fastweb Digital Academy and LV8 (digital skills training), and IoT products like Fastweb Power Control and Seven modem. The company operates as a unified entity while maintaining separate consumer brands (Fastweb, Vodafone, ho. Mobile) under the Fastweb + Vodafone corporate umbrella.

Differentiator

Problem solved

Functional benefit

Products and services

• FASTCloud
• FastwebAI Suite
• ROSS
• Fastweb Power Control
• ho. Mobile
• Fastweb Mobile
• Fastweb Energia
• Fastweb Digital Academy
• LV8
• 5G Academy (FiveG Academy)
• STEP FuturAbility District
• Seven Modem
• BTicino Sicuri e Connessi

Quantifiable outcome

• €300 million synergies targeted at run rate by end of 2026 from Fastweb + Vodafone integration
• +8 more outcomes

Named customers11 records

Segments6 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability9 records

Feature8 records

Partnerships

26 partnerships are on record, tiered minor and core.

• Joinrs and Data PizzaminorGTM or Marketing Partner · 9 June 2026Partnership for GenZ talent attraction. Joint content and experiences to discover innovation in telecom and ICT sectors. Fastweb + Vodafone named among Italy's Most Attractive Companies on Joinrs platform.
• Fondazione Pangea ETSminorStrategic or Co-development Partner · 19 May 2026Partnership for digital training of Afghan girls as part of 'Emergenza Afghanistan' project. Fastweb + Vodafone and Fondazione Pangea support the training and integration path of five Afghan girls in Italy.
• Italian National Cybersecurity Agency (ACN)coreTechnology or Integration · 29 April 2026FASTCloud Open Source platform qualified in accordance with ACN guidelines for cloud services. Data sovereignty and security requirements met through ACN-compliant proprietary data centers in Italy.
• Luna Rossa (America's Cup)minorGTM or Marketing Partner · 24 April 2026Technical partner and official sponsor for 38th America's Cup. Provides dedicated 5G connectivity on board and in waters of Cagliari and Naples Gulfs for ultra-fast connections during races.
• Politecnico di MilanocoreStrategic or Co-development Partner · 10 April 2026Innovator Bootcamp partnership for technology talent orientation. Fastweb + Vodafone participates in Associate Programs, Girls@PoliMI (€24,000 scholarship), Tech Tours at Nexxt headquarters, and AI-native networks training within 5G Academy. Multiple ongoing initiatives including role modeling, CV workshops, and mock interviews.
• TM ForumminorStrategic or Co-development Partner · 9 April 2026Fastweb + Vodafone joined TM Forum, a global alliance of 800+ companies collaborating to drive telecommunications sector growth and build a sustainable AI-enabled future.
• TIM (Telecom Italia)coreStrategic or Co-development Partner · 19 March 2026TIM and Fastweb + Vodafone signed a non-binding agreement to build up to 6,000 new mobile tower sites in Italy through a 50-50 joint venture to accelerate 5G deployment. Each operator will be responsible for network development in 10 regions, targeting approximately 15,500 mobile sites per operator by end of 2028. The initiative aims to improve operational efficiency and reduce costs to European levels. TIM and Fastweb + Vodafone also signed a preliminary RAN sharing agreement for cooperative 5G development across Italy. Inwit (tower company) saw shares plunge 26% on the announcement.
• Istituto Italiano di Intelligenza Artificiale (AI4I)coreStrategic or Co-development Partner · 27 January 2026Three-year MoU for the development and diffusion of AI solutions for businesses in advanced manufacturing, automotive, robotics, and automation sectors. Fastweb + Vodafone contributes AI infrastructure, platforms, and expertise; AI4I contributes research capabilities and industry connections.
• Cooperativa Terra Felix (Campania)minorStrategic or Co-development Partner · 1 December 2025Agricultural social project in Succivo (CE). ConnAction Day volunteer program planted 150 vines of indigenous grape varieties. Combines biodiversity protection with social inclusion.
• Carat (Dentsu)coreChannel Partner/ Reseller/ Distributor · 18 November 2025Carat, part of Dentsu group, won the media agency pitch for Fastweb + Vodafone starting 2026. Responsible for strategy, planning, and purchasing of advertising space across TV, Connected TV, social media, and display channels.
• Ingenio al Femminile (Consiglio Nazionale degli Ingegneri + Cesop)minorStrategic or Co-development Partner · 13 November 2025Support for 5th edition of thesis award for female engineering students on 'AI for new challenges of 2050.' Fastweb + Vodafone contributes to scholarship funding, evaluation committee, and professional testimonials from women in technical roles.
• Associazione Montiferru (Cuglieri)minorStrategic or Co-development Partner · 13 November 2025Environmental regeneration of 5,000 sqm around Castello del Montiferru in Sardinia, following 2021 wildfires. Part of environmental restoration commitment.
• Cellnex ItaliacoreStrategic or Co-development Partner · 7 November 2025Renewed 12-year strategic agreement for mobile connectivity and 5G development across Italy. Extends existing tower infrastructure partnership to include 5G upgrade rollout plan. Cellnex is Europe's largest tower company.
• Amazon Web Services (AWS)coreTechnology or Integration · 4 September 2025Fastweb is AWS Premier Tier Services Partner within AWS Partner Network (100,000+ partners globally). Certified cloud services supplier for Italian Public Administration through Consip framework. Provides AWS-based cloud solutions alongside proprietary FASTCloud.
• WorldriseminorStrategic or Co-development Partner · 30 July 2025SEATY project for marine biodiversity awareness in Sicily and Sardinia. Free events and activities in Marine Conservation and Education Areas. Fastweb + Vodafone supports marine sustainability as part of environmental commitment.
• Next Level ETScoreStrategic or Co-development Partner · 23 June 2025Co-developed the LV8 gamified learning app for digital skills (16-29 year olds). Next Level ETS coordinates a network of trainers across Italy. Over 130,000 young people reached since 2021. Won National Prize for Digital Skills.
• Università degli Studi di PalermocoreStrategic or Co-development Partner · 23 June 2025First Italian smart campus with MPN-5G network for teaching, research, and healthcare. Project awarded EU Connecting Europe Facility funding, supported by Ministry of Enterprise and Made in Italy, and Regione Siciliana.
• il Mulino (Bologna publisher)minorStrategic or Co-development Partner · 23 June 2025AI-powered accessible publishing partnership. Generative AI creates extended image descriptions for digital books, making il Mulino's entire digital catalog accessible to blind and visually impaired readers.
• Senato della Repubblica (Italian Senate)coreStrategic or Co-development Partner · 22 May 2025Collaboration agreement for the development of generative AI in Italy. Fastweb (now Fastweb + Vodafone) signed to support AI development in Italy, contributing expertise and technology for public sector AI adoption.
• Università degli Studi di Napoli Federico IIcoreStrategic or Co-development Partner · 12 May 2025Partnership for 5G Academy (now in 6th edition) on digital transformation and 5G technologies. Fastweb + Vodafone provides lectures, project work, research contributions, and scholarships. New 2026 program: 'AI-Native Networks: Engineering the Infrastructure of the AI Era' within FIVEG Academy.
• Save the ChildrenminorStrategic or Co-development Partner · 30 April 2025Partnership to combat educational poverty. Fastweb + Vodafone provides digital skills training, technology support, and donations to Save the Children's Light Points educational programs across Italy.
• Città Metropolitana di FirenzeminorStrategic or Co-development Partner · 15 April 2025Environmental restoration of 10,000 sqm area of Parco Mediceo di Pratolino near Florence. Part of Mosaico Verde initiative for urban ecology and biodiversity.
• Polizia di StatominorStrategic or Co-development Partner · 17 March 2025Partnership to present 'Quel Corpo Non È Il Mio' podcast on gender-based violence online. Podcast produced with Chora Media, presented at Chamber of Deputies.
• Fondazione LibellulaminorStrategic or Co-development Partner · 9 March 2025Training of approximately 350 employees in 120 retail stores to support women victims of violence. Part of initiative to introduce domestic violence policy for employee protection and create safe spaces in retail locations.
• CinecacoreStrategic or Co-development Partner · 18 February 2025Strategic alliance to accelerate the adoption of Generative AI in Italian enterprises. Fastweb + Vodafone and Cineca will support businesses in developing and deploying GenAI applications, leveraging FASTCloud infrastructure and Cineca's HPC capabilities.
• Associazione PARIminorStrategic or Co-development Partner · 3 February 2025Association against gender-based violence. Fastweb + Vodafone is part of the board of directors alongside 14 other companies. Contributes to the Manifesto for workplace policies against gender-based violence and cultural change.

Scale indicators13 records

Recent moves8 records

Expansion highlights7 records

Broad incumbents

• Orange: Major European converged telco with fixed, mobile, and enterprise IT/cloud services. Direct comparable in addressing enterprise digital transformation and sovereign cloud/AI demands across European markets.
• Vodafone Group: Former parent of Vodafone Italia. Comparable global converged operator with mobile, fixed, and enterprise services across Europe and Africa; the Vodafone brand remains in use in Italy post-acquisition.
• Telefónica: Spanish-headquartered converged operator with significant fiber and mobile footprint in Spain (Movistar) and broader Latam/Europe presence. Comparable in B2B ICT/cloud expansion strategy and converged bundles.
• Swisscom: Parent company and majority owner of Fastweb+Vodafone. Operates a comparable converged telecom model in Switzerland with fiber, mobile, ICT, and cloud services, making it a natural reference point for benchmarking converged-telco performance.
• BT Group: UK incumbent with similar fiber rollout, mobile (EE), and enterprise ICT business. Comparable convergence model and is actively pursuing AI/cloud differentiation for B2B customers.
• Deutsche Telekom / T-Mobile: European converged telecom incumbent operating fixed, mobile, and ICT/cloud services. Comparable in scale and converged-telco strategy, including fiber rollout, B2B digital services, and sovereign infrastructure.

Direct peers

• TIM (Telecom Italia): Incumbent Italian fixed-mobile operator and direct competitor in fiber, mobile, and wholesale. Fastweb+Vodafone's RAN sharing and 50-50 tower JV partner for 5G rollout, but competes head-to-head for consumer and B2B customers across Italy.
• Iliad Italia (formerly Wind Tre): Aggressive challenger in Italian mobile and fixed broadband under the Iliad brand. Competes directly with ho. Mobile and Fastweb convergent offers on price, putting pressure on ARPU in the consumer segment.

Emerging players

• Proximus: Belgian incumbent operator with fixed, mobile, and ICT/cloud offerings. Comparable in scale to a sub-segment of Fastweb+Vodafone and similarly investing in sovereign cloud, fiber, and enterprise digital services in its home market.

Regional players

• MasOrange: Spanish converged operator formed from the Orange Spain and MásMóvil merger. Comparable convergence model combining fixed fiber and mobile, with growing B2B ICT services in a different geographic market than Italy.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/fastwebvodafone

Compliance11 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fastweb + Vodafone