Private company

Fastweb

Logo: FASTWEB S.p.A., Public domain, via Wikimedia Commons4

Italian telecommunications company

Fastweb S.p.A. is an Italian telecommunications company that provides fixed and mobile telephony, broadband Internet and IPTV services. It is one of the leading providers of FTTH connections in Italy, and operates as part of Fastweb + Vodafone, a subsidiary of the Swiss telecommunications group Swisscom. In May 2007, Swisscom acquired a controlling stake of 82.4% in Fastweb for €3 billion.2 It was founded by e.Biscom and AEM.1 It employed 3,283 people in 2024.1 Its revenue was €2.8 billion in 2024.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 20, 2026.

Overview

Sep 1999Founded1
  • Industrytelecommunications industry1
  • HeadquartersMilan1
  • Founded inMilan1
  • Websitewww.fastweb.it
  • Legal formsocietà per azioni, public company1
  • LEI549300YFSXCV1SKICL213
  • StatusActive3
  • LEI statusIssued and current3
  • Registered addressPIAZZA ADRIANO OLIVETTI 1, 20155 Milan, Italy3
  • Registered withInfocamere, 128784701573
Edificio di Fastweb in Piazza Adriano Olivetti a Milano
Photo: Marcuscalabresus, CC BY-SA 4.0, via Wikimedia Commons6

Fastweb S.p.A. is an Italian telecommunications company that provides fixed and mobile telephony, broadband Internet and IPTV services. It is one of the leading providers of FTTH connections in Italy, and operates as part of Fastweb + Vodafone, a subsidiary of the Swiss telecommunications group Swisscom.2

Corporate structure

Fastweb is part of a group headed by Swisscom. 20 entities, 4 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Swisscom Bern, Switzerland
    • Swisscom (Schweiz) AG Bern, Switzerland
      • Fastweb Milan, Italy
        • Flash Fiber Stake · 20% · Milan
        • Metroweb Stake · 10.6% · Milano, Italy
        • TV di Fastweb Owned · Italy
      • Ajila AG Subsidiary · Sursee, Switzerland
      • Swisscom IT Services Finance S.E. Subsidiary · Wien, Austria
      • Swisscom Trust Services AG Subsidiary · Zürich, Switzerland
    • Billag Subsidiary · 100% · Fribourg, Switzerland
    • ho. Subsidiary
    • Vodafone Italy Subsidiary · Ivrea, Italy
    • 7LAYERS S.R.L. Subsidiary · Milano, Italy
    • coComment Subsidiary
    • Fastweb + Vodafone Subsidiary · Italy
    • MTF Solutions AG Subsidiary · Bern, Switzerland
    • Swiss Foundation for the History of Post and Telecommunications Subsidiary · Switzerland
    • SWISSCOM FINANCE B.V. Subsidiary · Rotterdam, Netherlands
    • Swisscom Immobilien AG Subsidiary · Bern, Switzerland
    • Swisscom RE AG Subsidiary · Worblaufen, Switzerland
    • Teleclub Subsidiary · Switzerland
    • Mont Pèlerin TV Tower Owned · Canton of Vaud, Switzerland

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0). Each entity in the chart links to its source.

What it owns

What Fastweb reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Stakes and holdings (Wikidata)

Things Wikidata records the company as owning, with the share when stated.1

The story

Founded by AEM and e.Biscom on Sep 1999, in Milan.1

Founding

Fastweb was founded in 1999 in Milan as a joint venture between e.Biscom (founded by Silvio Scaglia, Francesco Micheli, and Ruggero Gramatica) and AEM, with the intention of developing a fiber-optic network and IP services in Italy.

In March 2000, e.Biscom went public on the Italian New Market Stock Exchange to expand and finance their fiber-optic network in major Italian cities. e.Biscom soon became the first operator in the world to use full IP technology and bring fiber-optic networks to cities, and launched home telecommunication services. In 2002, fiber-optic cabling was completed in Milan, and Fastweb consolidated its presence in Rome, Genoa, Turin, Naples, and Bologna.

Merger with e.Biscom

e.Biscom announced a possible merger with Fastweb in early 2004, and the merger was finalized by the end of April. The company took on Fastweb's name, and focused on its core business, creating broadband telecommunications on the Italian landline network.

Expansion and technological achievements

By 2006, Fastweb's broadband network had expanded to cover about 45 percent of Italy's population, and later that year, Fastweb won both a Consip and a Centro Nazionale per l'Informatica nella Pubblica Amministrazione (CNIPA) tender for the Public Connectivity System (SPC) becoming a supplier to relevant public authorities.

Swisscom acquisition

By 2006, Fastweb was Italy's leading alternative broadband telecommunications provider, boasting over one million customers and an annual revenue of €1.26 billion. In early 2007, Fastweb was bought by Swisscom, a major Swiss telecommunications provider, to strengthen new technologies and multimedia for Swisscom, while increasing cash flow and revenue.

Expansion under Swisscom

In 2008, Fastweb launched connections of up to 100 Mbit/s for small and medium enterprises in areas served by its fiber-optic network, making this connectivity speed available in Italy for the first time. Over the next year, Fastweb signed an agreement with Telecom Italia to promote the development of fiber-optic next-generation networks (NGN) by sharing infrastructure.

Fastweb worked to continue expanding faster service, and in 2010, their Fibra 100 service became available to residential consumers, and two million homes and businesses had the ability to use the Internet at 100 Mbit/s for the first time in Italy.

In 2015, Fastweb signed an agreement with Telecom Italia to become a full mobile virtual network operator (Full MVNO) to ensure better quality and coverage, including access to 4G and 4G+.

Read the full text

After continuing to grow, in 2018 Fastweb acquired Tiscali's fixed-wireless business, including full ownership of Tiscali's 5G, 3.5 GHz spectrum, in a deal worth approximately $176 million.

Acquisition of Vodafone Italia

On March 15, 2024, Swisscom signed a binding purchase proposal to acquire 100% of Vodafone Italia for €8 billion, with the goal of merging it with Fastweb. The transaction is expected to be completed by the first quarter of 2025. As part of the agreement, Vodafone will continue to provide certain services to Fastweb, as well as grant the use of its brand for a maximum period of five years.

On April 3, 2024, Fastweb also entered the electricity market.

In September 2024, the Antitrust Authority published a notice of investigation and launched an inquiry. Swisscom announced that the European Commission had approved the acquisition of Vodafone Italia under the Foreign Subsidies Regulation. The transaction was also approved by AGCOM and AGCM in November and December 2024, respectively.

On December 31, 2024, Swisscom, through Fastweb, completed the acquisition of Vodafone Italia for €8 billion, using Fastweb + Vodafone brand as the corporate identity during the transition period.

From Wikipedia’s article on Fastweb (telecommunications company), shared under CC BY-SA 4.0.5

Products and brands

  • landline telephone
  • mobile telephony

Listed on Wikidata.1

Brand identity

Evolution of the company brand and logo:

Network and services

Since its founding Fastweb has invested over €5 billion in a next-generation fiber-optic network spanning more than 32,000 km (20,000 mi).

By implementing the Internet Protocol on its alternative fiber-optic network, Fastweb provides a Triple-Play Offer of landline, internet and television services, available simultaneously on a single connection, for residential and business clients.

In September 2010 and for the first time in Italy, Fastweb launched a broadband connection up to 100 Mbit/s for residential customers and small enterprises in the cities of Milan, Rome, Genoa, Turin, Bologna, Naples and Bari.

Read the full text

In September 2008, Fastweb became also a mobile virtual network operator (MVNO) and launched its mobile voice and data service (Quadruple Play).

In July 2019 became the fifth mobile network operator in Italy by obtaining the license to operate on 5G network.

Today, business customers account for 60% of the total revenue. On the government market, Fastweb became the main supplier of fixed network telephone and data services to central public agencies.

From Wikipedia’s article on Fastweb (telecommunications company), shared under CC BY-SA 4.0.5

Subsidiaries and ownership

Parent company

Owners

Subsidiaries

Also owns

Parent company (GLEIF)

Ultimate parent

From Wikidata.1 Ownership links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); each one cites its LEI record.

Acquisitions

  1. 2024Acquired Vodafone Italy1
  2. 2024Acquired ho.1
  3. Succeeded e.Biscom1
  4. Succeeded Vodafone Italy1

Employees over time

  • 20243,2831

Revenue over time

As stated on Wikidata, in the currency reported.

Revenue

  • 20242.8B EUR1

Net income

  • 2024-8.2M EUR1

Timeline

  1. Jul 3, 2018Parent Directly consolidated by Swisscom (Schweiz) AG3
  2. 2007Acquired Acquired by Swisscom1
  3. Sep 1999Founded Founded in Milan1

Sources

The numbers on this page point here. Each one links to the record it came from.

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