Ad hoc announcement pursuant to Art. 53 LR / Cooperation

Fastweb + Vodafone and TIM reach an agreement to accelerate 5G rollout in Italy

TIM and Fastweb + Vodafone have reached a preliminary agreement to launch a cooperation for the development of mobile access networks through a Radio Access Network (RAN) sharing model, which will cover about 60 percent of the Italian population. The agreement – subject to a final contract, expected by the second quarter of 2026 – aims to accelerate the expansion of 5G in Italy.

A Swisscom building

The project marks a major step forward in optimizing the use of existing infrastructure and ensuring faster, more efficient, and more sustainable 5G coverage nationwide. The parties plan to deploy 5G coverage for municipalities with less than 35,000 inhabitants. Each operator will be responsible for network development in 10 regions leading to a network of approximately 15,500 sites per operator by the end of 2028.

Under the preliminary agreement, each operator will be able to use the other’s radio mobile access infrastructure in the areas concerned, avoiding unnecessary duplication of infrastructure. The resulting efficiencies will make it possible to extend high-performance 5G coverage to low-density and underserved areas, improving digital inclusion and service quality for households and businesses.

The collaboration model, already widely adopted in other EU countries, ensures that both companies retain full commercial autonomy and technological independence. It also reduces environmental impact and, by lowering deployment costs, frees up resources for new investments in next-generation mobile technology.

By contributing to a more effective rollout of 5G networks, this project supports Italy’s digital transformation and strengthens its competitiveness in line with the objectives of the European Digital Decade, delivering tangible benefits to consumers, businesses, and communities across the country.

The project is subject to approval by the Ministry of Enterprises and Made in Italy (MIMIT), the Italian Competition Authority (AGCM), and the Authority for Communications Guarantees (AGCom)

Swisscom AG
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Disclaimer

This notification contains forward-looking statements. In this notification, such forward-looking statements include, without limitation, statements relating to our financial condition, results of operations and statements and assumptions relating to the financial condition of Vodafone Italia.

Because these forward-looking statements are subject to risks and uncertainties, actual future results may differ materially from those expressed in or implied by the statements. Many of these risks and uncertainties relate to factors which are beyond Swisscom’s ability to control or estimate precisely, such as future market conditions, currency fluctuations, the behaviour of other market participants, the actions of governmental regulators, approvals of authorities and other risk factors detailed in Swisscom’s and Fastweb’s past and future filings and reports, including those filed with the U.S. Securities and Exchange Commission and in past and future filings, press releases, reports and other information posted on Swisscom Group Companies’ websites.

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