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General

Italy rules out using veto over Wind-3 Italia merger

Wednesday 23 September 2015 | 09:33 CET | News
The Italian government has ruled out using its 'golden power' veto over the planned merger between Wind and 3 Italia, said the prime minister's office in a statement. In August the Italian subsidiaries of VimpelCom and Hutchison Whampoa announced plans to create a combined entity within a year, reducing the number of mobile phone operators in Italy from three from four. Although it confirmed it won't be exercising its veto power, the government called on Wind and 3 Italia to clearly define specific elements of strategic planning with particular reference to the impact of the operation from a

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