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3, Wind merger to create mobile market leader in Italy with over third of customers

Friday 25 September 2015 | 08:56 CET | Author: Alejandra van de Roer | Background
The wave of mergers and acquisitions continues in Europe, and Italy is next in line. In August, the Italian subsidiaries of VimpelCom (Wind) and Hutchison (3 Italia) confirmed plans to merge, reducing the number of mobile operators in Italy to three from four. According to the latest figures from Telecompaper, the merged entity could become the largest mobile player in Italy with over 31 million customers, more than current market leader TIM. Wind and 3 Italia would have a combined market share of 37 percent of customers based on figures for Q2 2015. In terms of mobile service revenue, they

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Categories: Mobile & Wireless
Companies: 3 Italia / European Commission / Telenor / TIM / Vimpelcom / Vodafone / Wind
Countries: Italy
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