UPDATE 1-Italy opens in-depth antitrust probe into Swisscom-Vodafone deal Deal would create Italy's second largest fixed broadband player Swisscom confirms expectations to close the deal in Q1 next year Analysts flag delay risks due to remedy negotiations Adds analyst comment in paragraphs 7-9 Sept 12 (Reuters) - Italy's competition authority has opened an in-depth investigation to assess the acquisition of Vodafone Italia by Swisscom SCMN.S under Italian merger control rules, the Swiss telecoms

BUZZ-TIM shares surge after BofA's price target hike ** Shares in Telecom Italia (TIM) TLIT.MI rise as much as 7.3% after Bank of America (BofA) ups its target price to 0.34 euros ($0.3744) from 0.26 euros and reiterates a "buy" stance ** BofA expects domestic growth to resume as consumer pricing stabilises and enterprise operations benefit from scale in a growing market ** "Leverage is now a past problem," BofA says citing the completed sale of the fixed network business to U.S.

Swisscom says Italian regulator probing Vodafone Italia acquisition Sept 12 (Reuters) - Italy's competition authority has opened an in-depth investigation to assess the acquisition of Vodafone Italia by Swisscom SCMN.S under Italian merger control rules, the Swiss telecoms company said on Thursday. Swisscom said such Phase II reviews "are not uncommon in the telecommunications sector" and that the company "remains convinced that the transaction is pro-competitive".

UPDATE 2-Iliad meets goal to become Europe's 5th largest telecoms operator Adds context and comments on market consolidation in paragraphs 4-6, H1 revenue in paragraph 8 By Gianluca Lo Nostro and Stephanie Hamel Aug 29 (Reuters) - France's Iliad said on Thursday it had reached its goal to become Europe's fifth largest telecoms operator by the number of customers, after it recorded 50 million total subscribers in the first half of 2024. The group, which already was the fifth biggest fixed broadba

BUZZ-BofA sees headwinds for European telecoms in Q3, but better Q4 ** Bank of America expects headwinds to persist for European telecoms in the next three months, while it signals a better end to the year ** "Capex trends net positive but pricing becoming less stable, watch closely," BofA says ** Says domestic service revenue trends across Europea