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Articles tagged with: Weather Investments and Wind
Comptel Wins Greek Number Portability Contract
Greek operator WIND Hellas has selected Comptel to provide a Provisioning and Activation Solution, as well as Mobile Number Portability (MNP) functionality. This deal follows the announcements in 2007 of Comptel being chosen as preferred supplier by Orascom Telecom, which is controlled by Weather Investments - the owner of WIND Hellas. more
Related Tags: mobile-number-portability, number-portability, oss, wind-hellas, weather, comptel, orascom, Greece
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: arpu, fitch-ratings, driving, 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, arpu, telecom-italia, wind-hellas, q-telecom, weather, Italy
France Telecom Denies Wants To Buy Stake In Weather Holdings
LONDON -(Dow Jones)- France Telecom denied a report Thursday that it may bid for a stake in Weather Investments, the holding company that owns Italian telecommunications operator Wind. more
Related Tags: france-telecom, weather
Tim Hellas - Seasonality Continues as Weather Moves In
With the mobile community's focus on Vodafone's multi-billion dollar acquisition of Hutch in India, which was confirmed on Sunday 11th February, it might have been easy to miss the news a few days earlier that Weather Investments - the vehicle of Orascom's owners the Sawiris family, which also owns Wind in Italy - had agreed to acquire Greek operator TIM Hellas from the private equity funds Apax Partners and Texas Pacific Group (TPG) which purchased it in June 2005 from Telecom Italia. more
Related Tags: texas, tim, cosmote, weather
Enel Denies Report Of Quick Sale Of 26% Weather Stake
ROME -(Dow Jones)- Italy's largest electricity company Enel, Friday denied a newspaper report that it plans to proceed speedily with the sale of its 26% stake in telecommunications group Weather Investments to Egyptian Chairman Naguib Sawiris, who owns the rest of the company. more
Related Tags: orascom-telecom, weather, leo
Orascom Chm: Weather Investments IPO Not Before 2Q 06
MILAN (MF-Dow Jones)--Orascom Telecom founder and Chairman Naguib Sawiris said Wednesday that an initial public offering of Weather Investments "won't happen before the second quarter of 2006," according to Italian newswire MF-Dow Jones. more
Related Tags: naguib-sawiris, weather, hutchison-whampoa, dubai, dubai
Enel Says Sells Wind Unit To Weather Fund
MILAN (Dow Jones)--Italian utility Enel SpA (EN) said it has agreed to sell 62.75% of its Wind SpA telecommunications unit to investment fund Weather for EUR12.13 billion. more
Related Tags: orascom-telecom, orascom-telecom-holding, weather
Weather Fund Says Will Buy Wind From Enel As Planned
MILAN -(Dow Jones)- Weather Investments, the international investor consortium, will buy Enel SpA's (EN) telecom unit, Wind SpA (WIF.YY), as planned, the Egyptian entrepreneur who leads the consortium said in a statement Wednesday. more
Related Tags: telecom-italia-mobile, naguib-sawiris, weather