[4] In December 1995, Omnitel Sistemi Radiocellulari Italiani (founded on June 19, 1990, by Olivetti, Lehman Brothers, Bell Atlantic and Telia) and Pronto Italia (made up of Zignago Vetro, AirTouch, Mannesmann, Banca di Roma, Arca Merchant, Comeba, Ersel, Erg, Urmet TLC, Spal TLC, Site, Ponti Radio and Fergia[5][6]) merged into Omnitel Pronto Italia,[7] which launched a mobile telephony service, the second in Italy after TIM (formerly SIP).[8] Olivetti, the original majority shareholder, through Omnitel and Infostrada (which dealt instead with fixed telephony), thus competed with Telecom Italia, which until then monopolized the entire telecommunications sector in Italy.On 16 December 2013, following Verizon's sale of the entire share capital held in the company to Vodafone, it was transformed into a besloten vennootschap (B.V.).On 15 March 2024, Swisscom purchases 100% of Vodafone Italy for 8 billion euros, thus merging it with its subsidiary Fastweb.As part of the agreement, Vodafone Group will continue to provide certain services, such as branding, to Fastweb for up to 5 years.The company's three brands (Fastweb, Vodafone and Ho Mobile) will temporarily continue to operate independently.