Swisscom Intends to Keep Italian Fastweb Business, CEO Says

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Swisscom AG plans to keep its most important foreign venture, Italian broadband unit Fastweb SpA, Chief Executive Officer Urs Schaeppi said.

While Swisscom is considering selling businesses it doesn’t consider strategic, such as real estate and some media assets, Switzerland largest phone company isn’t in talks to divest Fastweb, Schaeppi said in a phone interview on Wednesday.