October 15, 2014 / 10:00 AM / in 3 years

Vodafone executive says does not see conditions for Fastweb deal

MILAN (Reuters) - Telecoms group Vodafone does not see conditions at the moment for a deal to buy Italian broadband company Fastweb, the head of Vodafone in Italy, Aldo Bisio, said on Wednesday.

Pigeons fly past Vodafone branding outside a retail store in London November 12, 2013. REUTERS/Toby Melville

Sources familiar with the situation said this month Swisscom, which wholly owns Fastweb, was considering a possible sale of the unit, which is worth up to 5 billion euros ($6.3 billion) and has been a target for Vodafone.

Reporting by Gianluca Semeraro, writing by Danilo Masoni; editing by Agnieszka Flak

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