Articles tagged with: Weather Investments and Arpu

Fitch Downgrades the Debt Ratings of Greece's WIND Hellas

Fitch Ratings has downgraded Greek mobile operator, WIND Hellas' Long-term Issuer Default Rating (IDR) to 'B-' (B minus) from 'B' on concerns about its leverage and future cashflow generation. The short-term rating is affirmed at 'B'. The outlook is Stable.  more

Related Tags: fitch-ratings, driving, wind, capex, termination-rates, tax, wind-hellas, weather, fitch, Greece

Wind Group - ARPU holds up in Italy as Greek business improves profitability

Both European subsidiaries of Naguib SawirisĂ' Weather Investments have recently reported first quarter results, both showing net subscriber growth of less than 2% in the traditionally slow first quarter. In Greece, the combined total of WIND Hellas and prepaid-only unit Q-Telecom recorded an increase of just 1.3% in Q1. Meanwhile in Italy, WIND managed 1.9% growth, although there is an error margin here of more than 0.3pp due to the fact that customers tnumbers are only released to the nearest 0.1m.  more

Related Tags: roaming, telecom-italia, wind, wind-hellas, q-telecom, weather, Italy