Wind (Italy)

Wind Telecomunicazioni S.p.A., more commonly known as Wind, was an Italian telecommunications company of the VimpelCom Ltd. group, which offered mobile telephony services and, through Infostrada, also fixed-line telephony services, Internet and IPTV.

Wind Telecomunicazioni S.p.A.
Company typeS.p.A.
IndustryTelecommunications
Founded1 December 1997 (1997-12-01) in Rome, Italy
Founder
DefunctDecember 31, 2016 (2016-12-31) (as company)
March 16, 2020 (2020-03-16) (as brand)
FateMerged with 3 Italy into Wind Tre
SuccessorWind Tre
Headquarters
Rho and Rome
,
Italy
Area served
Italy
Key people
Maximo Ibarra (CEO)
ProductsMobile telephony, fixed-line telephony, Broadband Internet, IT Services, IPTV
Revenue4,633,000,000 euro (2014) 
−709,000,000 euro (2014) 
OwnerWind Telecom (99.996%)
ParentVimpelCom
SubsidiariesInfostrada (100%)
Websitewww.wind.it

It was founded on 1 December 1997 by Enel, France Télécom and Deutsche Telekom, and then passed in 2005 under the control of Weather Investments, which in 2011 will become part of the VimpelCom group.

On 31 December 2016, the merger between 3 Italy and Wind into Wind Tre was completed. This merger project, carried out by CK Hutchison Holdings and VimpelCom, envisaged the creation of an equal joint venture to combine telephony services in Italy. However, the Wind brand remained active until 16 March 2020, when it was replaced by the single Wind Tre brand.

Wind had 21.6 million mobile customers with a market share of 22.9% (placing itself behind TIM and Vodafone) and 2.8 million customers on fixed-lines with a market share of 13.2% (that makes it the second largest fixed line operator, behind Telecom Italia). The company served through a network of 159 owned stores and around 498 exclusive franchised outlets under the Wind brand, as well as 396 electronic chain stores.

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.