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General

EC to issue Wind-3 Italia merger decision on 11 March

Monday 8 February 2016 | 14:52 CET | News
The European Commission's antitrust authority has confirmed on its website that it will be issuing its preliminary decision on the proposed merger of Wind and 3 Italia on 11 March. The Italian government has already ruled out using its power to veto the merger, first announced by the Italian subsidiaries of VimpelCom and Hutchison Whampoa in August. The Wind-3 Italia joint venture will have over 31 million mobile customers and 2.8 million fixed customers, with annual revenues of around EUR 6.4 billion.

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Categories: General
Companies: 3 Italia / European Commission / Hutchison Whampoa / Vimpelcom / Wind
Countries: Italy
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