Wind Tre

Last updated

Wind Tre S.p.A.
Company type S.p.A.
Industry Telecommunications
Predecessor
FoundedDecember 31, 2016;7 years ago (2016-12-31) in Rho, Italy
Founder
Headquarters
Rho and Rome
,
Italy
Area served
 Italy
Key people
Jeffrey Hedberg (CEO) [1]
Products Mobile telephony, fixed telephony, Broadband Internet, IT Services, IPTV
Brands Very Mobile
Revenue6,182,000,000 Euro (2017)  OOjs UI icon edit-ltr-progressive.svg
−2,620,000,000 Euro (2017)  OOjs UI icon edit-ltr-progressive.svg
Owner CK Hutchison Holdings (100%)
Parent CK Hutchison Holdings
Subsidiaries Zefiro Net (50%)
Website www.windtre.it

Wind Tre S.p.A. is an Italian telecommunications company of the CK Hutchison Holdings Limited group, [2] which offers mobile and fixed telephony services.

Contents

It was born on 31 December 2016 from the merger of two Italian telecommunications companies, namely 3 Italy and Wind Telecomunicazioni, controlled respectively by CK Hutchison Holdings and VimpelCom. [3] [4] [5]

Since 7 September 2018, CK Hutchison Holdings has been the sole shareholder of Wind Tre as, following approval by the European Commission, the Hong Kong group completed the acquisition of the remaining 50% of the company from VEON (formerly VimpelCom). [6] [7] [8]

As of 2022, it is the first Italian mobile operator for SIM HUMAN, third instead after TIM and Vodafone in total active cards. [9]

History

Wind-3 networks unification Unificazione Wind3.svg
Wind-3 networks unification

On December 31, 2016, the project to create an equal joint venture between CK Hutchison Holdings (owner of 3) and VimpelCom (owner of Wind) was completed. [10] [11] The project envisaged the merger of Wind Telecomunicazioni S.p.A. and H3G S.p.A. into Wind Tre S.p.A. [3]

On 7 September 2018, VEON (formerly VimpelCom) sold its 50% stake in Wind Tre to CK Hutchison Holdings, which thus became the sole shareholder. [8]

Despite the merger, the company kept the Wind, 3 Italy and Infostrada brands active (with the exception of Wind Business and 3 Business which became Wind Tre Business on 23 May 2017 [12] ) until 16 March 2020, [13] [14] [15] when the company started a process of rebranding that led to the birth of the unified brands Wind Tre, Wind Tre Business and Very Mobile (born on February 24, 2020, as a Mobile Virtual Network Operator to compete with Iliad, ho-mobile and Kena Mobile [16] ). [17] [18] Very Mobile was the first MVNO to market its offers also on eSIM and to experiment with VoWiFi technology. [19] [20]

As of August 2022, the company has obtained authorization from AGCOM to start a collaboration with Iliad for 5G sharing in rural areas with low population density. In January 2023, the creation of the Zefiro Net joint venture, jointly controlled by the two companies, was completed. [21]

Brands and logos

Wind Tre

Wind Tre Business

Very Mobile

Discontinued

Shareholder structure

The Wind Tre group is structured as follows: [2]

  CK Hutchison Holdings Limited
 
 
 CK Hutchison Group Telecom Italy Investments S.à r.l.
100%
 
 
 Wind Tre Italia S.p.A.
100%
 
 
 Wind Tre S.p.A.
100%
 
   
Wind Retail S.r.l.
100%		3Lettronica Industriale S.p.A.
100%		Zefiro Net S.r.l.
50%

See also

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References

  1. ↑ "Management Team". Wind Tre. Retrieved 29 October 2018.
  2. 1 2 "Wind Tre - Board and Shareholder Structure". www.windtre.it. Retrieved 4 September 2019.
  3. 1 2 "Wind Tre is ready, the first mobile operator in Italy. Maximo Ibarra leads the company". www.windtre.it. Retrieved 21 January 2017.
  4. ↑ "Wind Tre - Our History". www.windtre.it. Retrieved 4 September 2019.
  5. ↑ "Fusione Wind-3 Italia, quale futuro per i lavoratori?". nuvola.corriere.it (in Italian). Retrieved 24 October 2016.
  6. ↑ "CK annuncia approvazione commissione europea". www.windtre.it (in Italian). Retrieved 3 September 2018.
  7. ↑ "CK Hutchison Holdings Limited - Media Center > Press Releases". www.ckh.com.hk. Retrieved 3 September 2018.
  8. 1 2 "CK sole shareholder Wind Tre". www.windtre.it. Retrieved 21 October 2018.
  9. ↑ "Osservatorio AGCOM: Dati, Quote di Mercato e Novità". Offerta-internet.it (in Italian). 3 May 2022. Retrieved 22 December 2022.
  10. ↑ "European Commission JV Approval". www.windtre.it. Retrieved 16 February 2017.
  11. ↑ "Final Regulatory Approval for Italy Joint Venture". www.windtre.it. Retrieved 16 February 2017.
  12. ↑ "Wind Tre Business". www.windtre.it. Retrieved 18 June 2017.
  13. ↑ "Wind Tre - Wind". www.windtre.it. Retrieved 4 September 2019.
  14. ↑ "Wind Tre - Tre". www.windtre.it. Retrieved 4 September 2019.
  15. ↑ "Wind Tre - Wind Tre Business". www.windtre.it. Retrieved 4 September 2019.
  16. ↑ "Chi Siamo - L'operatore very conveniente". www.verymobile.it (in Italian). Retrieved 24 February 2020.
  17. ↑ "Nasce WINDTRE, la rete più grande d'Italia". www.windtre.it (in Italian). Retrieved 17 March 2020.
  18. ↑ "Wind Tre - WINDTRE_SINGLE_BRAND_BORN". www.windtregroup.it. Retrieved 29 March 2020.
  19. ↑ Nicolosi, Simone (11 September 2020). "Very Mobile by Wind Tre: testato con successo Wi-Fi Calling, primo operatore in Italia ad averlo?". TelefoniaTech.it (in Italian). Retrieved 2 October 2022.
  20. ↑ "VoWiFi in Italia: ci vorrà ancora molto? TLCWorld" (in Italian). 21 June 2022. Retrieved 2 October 2022.
  21. ↑ Nin, Catherine Sbeglia (4 January 2023). "Iliad, WindTre finalize joint venture to close digital divide in Italy". RCR Wireless News. Retrieved 13 May 2023.
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