Vodafone in talks to sell Italian unit to Swisscom

British telecoms giant Vodafone said Wednesday it was in advanced talks to sell its Italian unit to Switzerland’s Swisscom after rejecting offers from French billionaire Xavier Noel’s Iliad group. The disclosure of the negotiations with Swisscom comes a month after the British mobile phone operator rejected an Iliad offer to merge their Italian units.

Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News