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Italian telecommunications company
Wind Tre Company type Società per azioni Industry Telecommunications Predecessors
Founded 31 December 2016; 8 years ago (2016-12-31) Founder
Headquarters Rho and Rome , Italy Key people Jeffrey Hedberg (CEO ) Products Fixed telephony , mobile telephony , Broadband Internet , IT Services , IPTV Revenue 6,182,000,000 Euro (2017) Net income −2,620,000,000 Euro (2017) Owner CK Hutchison Holdings Parent CK Hutchison Holdings Website www
Wind Tre S.p.A. 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.
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).
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. The merger was approved by European and national authorities. Since March 2020, all consumer and business offers are sold under the new brand Wind Tre.
On 24 February 2020, a service aimed at low-cost mobile phone offers was launched under the Very Mobile commercial brand.
Wind Tre Unification Brands
Since March 2020
Wind Tre
Wind Tre Business
Discontinued brands
Wind
Infostrada
References
"Management Team" . Wind Tre . Retrieved 29 October 2018."Wind Tre - Home Page" . www.windtregroup.it . Retrieved 29 June 2021.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.
"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. Archived from the original (PDF) on 30 October 2018. Retrieved 29 October 2018."La nuova Joint Company" . www.windtre.it . 7 November 2016. Archived from the original on 7 November 2016. Retrieved 9 October 2021."Fitch: Prospects of Wind/H3G Merger Approval Improved by Iliad Deal" . Reuters . 6 July 2016. Retrieved 29 October 2018."Nasce Wind Tre, la rete più grande d'Italia" . www.windtre.it . 24 April 2020."Chi Siamo - L'operatore very conveniente" . www.verymobile.it . Retrieved 19 February 2021.
External links
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Defunct
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Wind Tre
Wind Tre Business
Wind
Infostrada
Italian mobile network operators
