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May 26, 2015 6:39 AM ET

Diversified Telecommunication Services

Company Overview of Wind Telecomunicazioni SpA

Company Overview

Wind Telecomunicazioni SpA, a telecommunications operator, provides mobile, Internet, fixed-line voice, and data products and services to consumer and corporate subscribers in Italy. It offers mobile services, including voice, network access, international roaming, and value added services under the WIND brand to consumers, corporate customers, small and medium businesses, and professionals; mobile Internet services to mobile subscribers; and direct and indirect fixed network voice communications services, broadband Internet, and data transmission services primarily under the Infostrada brand. The company also provides wholesale services, which include the management of incoming and outgoing...

Via Cesare Giulio Viola, 48

Rome,  00148

Italy

6,894 Employees

Phone:

39 06 831111

Key Executives for Wind Telecomunicazioni SpA

Chairman and Chief Executive Officer
Age: 46
President and Director
Age: 48
Chief Executive Officer of Banglalink and Nicola Grassi
Compensation as of Fiscal Year 2014.

Wind Telecomunicazioni SpA Key Developments

Wind Telecomunicazioni Announces Earnings Results for the First Quarter of 2015

Wind Telecomunicazioni announced earnings results for the first quarter of 2015. For the quarter, the company's revenues down 5% on an organic basis to EUR 1.11 billion, compared to EUR 1.42 billion in the year-earlier quarter, which the company attributed to the lingering weakness of the local market. EBITDA also fell 5% to EUR 406 million. Capex was up 26% to EUR 172 million from EUR 137 million a year earlier, with the company's 4G network now covering 38% of the Italian population.

VimpelCom And Hutchison In Discussions For Joint Venture

VimpelCom Ltd. (NasdaqGS:VIP) confirmed that it is discussions with Hutchison Whampoa Limited (SEHK:13) regarding a possible equal joint venture between Hutchison’s subsidiary 3 Italia S.p.A. and VimpelCom’s subsidiary Wind Telecomunicazioni SpA. “There can be no assurances that an agreement will be signed and any transaction would be subject to, among other things, achieving satisfactory debt levels and obtaining all required corporate and regulatory approvals,” VimpelCom Chief Executive Officer Jean-Yves Charlier said in the statement. Negotiations between Hutchison and VimpelCom now focus on the structure of the venture, which would have more than 30 million customers and about $7.2 billion in 2014 revenue, people familiar with the matter said this week. The companies are projecting an agreement over the next three months, said one of the people.

Wind Telecomunicazioni Wins EUR 693 Million Contract

Wind Telecomunicazioni has signed a EUR 693 million contract with Spain's Abertis Telecom Terrestre for the sale of 90% of shares in Galata, which owns 7,377 cell towers.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
March 2, 2015
Galata
 

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