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General

Wind revenues up 0.9% in Q2 on strong mobile sales

Thursday 4 August 2016 | 09:24 CET | News
Italian operator Wind reported a 0.9 percent year-on-year rise in second-quarter revenues to EUR 1.1 billion, with a decline in fixed-line sales offset by a strong increase in handset sales and an improving trend in mobile service sales. Parent company Vimpelcom said it had classed its Italian unit as held for sale and that it was confident of securing approval from the European Commission in early September for its planned merger of Wind and 3 Italia. The company added that it hadn't yet received any Statement of Objections from the EC after signing formal agreements to divest frequencies

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