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Wireless

Italian government approves Wind-3 Italia joint venture

Tuesday 25 October 2016 | 10:46 CET | News
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CK Hutchison, owner of Italian mobile operator 3 Italia, announced that the country's Ministry of Economic Development (MISE) finally approved its 50-50 joint venture with VimpelCom's unit Wind. The merger has now passed the final regulatory hurdle after the European Union's antitrust authorities approved the transaction last month. CK Hutchison and VimpelCom said the merger remains on track to complete by the end of the year, with the combined entity set to deliver major investment into Italy's digital infrastructure, bring benefits to consumers and businesses across Italy and unlock

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Categories: Mobile & Wireless
Companies: 3 Italia / Telecom Italia / Vimpelcom / Wind
Countries: Italy
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