Wind Tre

Wind Tre S.p.A.[2] is an Italian telecom operator 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] Since then therefore the sole shareholder of the company is CK Hutchison Holding.[4]

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).[5]

History

In 2016 Wind Telecomunicazioni S.p.A. and H3G S.p.A. agreed to complete a merger to create a single new company named "Wind Tre".[6] The merger was approved by European and national authorities.[7] Since March 2020, all consumer and business offers are sold under the new brand Wind Tre.[8][9]

On 24 February 2020, a service aimed at low-cost mobile phone offers was launched under the Very Mobile commercial brand.[10]

Wind Tre Unification

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

References
  1. "Management Team". Wind Tre. Retrieved 29 October 2018.
  2. "Wind Tre – Home Page". www.windtregroup.it. Retrieved 29 June 2021.
  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. Majithia, Kavit (3 July 2018). "CK Hutchison to take full ownership of Wind Tre". Mobile World Live. Retrieved 18 November 2021.
  5. "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.
  6. "La nuova Joint Company". www.windtre.it/nuova_joint_company. 7 November 2016.
  7. "Fitch: Prospects of Wind/H3G Merger Approval Improved by Iliad Deal". Reuters. 6 July 2016. Retrieved 29 October 2018.
  8. "Nasce Wind Tre, la rete più grande d'Italia". www.windtre.it/nasce-windtre. 24 April 2020.
  9. "Wind Tre – Home". www.windtregroup.it.
  10. "Chi Siamo – L'operatore very conveniente". verymobile.it. Retrieved 19 February 2021.
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