Wind Tre

Wind Tre S.p.A.[2] is an Italian telecommunications company which offers integrated mobile, fixed telephony and Internet services. It was initially formed in 2016 as a joint venture of VimpelCom (later VEON) and CK Hutchison Holdings by the merger of their subsidiaries Wind Telecomunicazioni S.p.A and H3G S.p.A, respectively. VimpelCom sold its 50% stake in Wind Tre to Hutchison for €2.45 billion in 2018.[3]

Wind Tre
TypeSocietà per azioni
IndustryTelecommunications
Predecessors
Founded31 December 2016 (2016-12-31)
Founder
HeadquartersRho and Rome,
Italy
Key people
Jeffrey Hedberg (CEO)[1]
ProductsFixed telephony, mobile telephony, Broadband Internet, IT Services, IPTV
OwnerCK Hutchison Holdings
ParentCK Hutchison Holdings
Websitewww.windtre.it

Wind Tre has 27.1 million mobile customers with a market share of 30.8% (placing itself ahead TIM, Vodafone and Iliad) and 2.7 million customers on fixed lines with a market share of 13.2% (that makes it the second largest fixed line operator, behind TIM).[4]

History

In 2016 Wind Telecomunicazioni S.p.A. and H3G S.p.A. agreed to complete a merger in order to create a single new company named Wind Tre S.p.A.[5] The merger was approved by European and national authorities.[6] Since March 2020, all consumer and business offers are sold under the new brand Wind Tre.[7]

On 24 February 2020, a service aimed at low-cost mobile phone offers was launched under the Very Mobile commercial brand.[8]

Wind Tre Unification

Brands
Since March 2020
  • Wind Tre
  • Wind Tre Business
  • Very Mobile
Discontinued brands
  • Wind
  • Infostrada
  • 3 Italy

References
  1. "Management Team". Wind Tre. Retrieved 29 October 2018.
  2. "Wind Tre - Home Page". www.windtregroup.it. Retrieved 29 June 2021.{{cite web}}: CS1 maint: url-status (link)
  3. Meijer, Bart H.; Hughes, Jennifer (3 July 2018). "Veon sells stake in Wind Tre in retreat from western Europe". Yahoo Finance. Reuters. Retrieved 14 February 2021.
  4. "Wind Tre: synergies supporting EBITDA margin growth. Fixed ultra-broadband strengthening. Stable cash flow" (PDF). www.windtre.it/assets/m09/288/c_3_m09_7_1_2_file_en.pdf. 30 June 2018. Retrieved 29 October 2018.{{cite web}}: CS1 maint: url-status (link)
  5. "La nuova Joint Company". www.windtre.it. 7 November 2016. Archived from the original on 7 November 2016. Retrieved 9 October 2021.
  6. "Fitch: Prospects of Wind/H3G Merger Approval Improved by Iliad Deal". Reuters. 6 July 2016. Retrieved 29 October 2018.
  7. "Nasce Wind Tre, la rete più grande d'Italia". www.windtre.it. 24 April 2020.{{cite web}}: CS1 maint: url-status (link)
  8. "Chi Siamo - L'operatore very conveniente". www.verymobile.it. Retrieved 19 February 2021.{{cite web}}: CS1 maint: url-status (link)


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