0
General

Wind IPO to raise EUR 2 billion

Friday 19 May 2006 | 08:45 CET | News
Naguib Sawaris, head of Orascom and Weather Investments which control Italian operator Wind, expects to list Weather on the stock market late this year or in early 2007, raising around EUR 2.0 billion by selling 20-30 percent of group, Italian media report. He was speaking at a presentation on the company in Milan, where Wind reported over 14 million mobile customers, more than 2.3 million fixed network clients and 2.5 million internet subscribers at the end of March. Wind repeated its targets for EBITDA growth of 8-10 percent and 5 percent growth in revenue from telecom services this year. Wind forecasts investments of EUR 800-870 million and positive cash flow this year, along with strong growth in the mobile telephony sector.


Categories: General
Companies: Wind
Countries: Italy
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.







Calendar   /   Industry Events

22 Oct Doro Q3 results
25 Oct Dtac Q3 2021
25 Oct Calix Q3 2021
25 Oct Facebook Q3
26 Oct Twitter Q3 2021
26 Oct Alphabet Q3 2021
26 Oct Juniper Networks Q3 2021
26 Oct Corning Q3
26 Oct TIM Brasil Q3 2021
26 Oct Siminn Q3 2021
26 Oct KPN Q3 2021
26 Oct NENT Q3 2021
26 Oct F5 Networks fiscal Q4
26 Oct Digital Realty Q3
26 Oct SK hynix Q3
26 Oct Orange group Q3 2021
26 Oct MediaTek Q3
26 Oct Microsoft fiscal Q1
26 Oct FCC meeting
26 Oct Samsung Developer Conference
26 Oct Cabsat
26 Oct MWC Los Angeles
27 Oct Telefonica Deutschland Q3 2021
27 Oct TIM Q3 2021
27 Oct Spotify Q3 2021
27 Oct Vertiv Q3
27 Oct Netgear Q3
27 Oct Twilio Q3
27 Oct Android Dev Summit
27 Oct Digital Utilities Europe 2021
::: More Calendar Items