trending Market Intelligence /marketintelligence/en/news-insights/trending/-gif-MH0q-bwTqv2DzxYgQ2 content esgSubNav
In This List

VEON closes Wind Tre sale to CK Hutchison

Blog

Live TV still dominates most TV viewing in Asia

Blog

Netflix amortized content spend estimated at $13.6 billion in 2021

Blog

Credit Risk Trends for Telecom & Tech: A Mid-Year 2021 Outlook

Blog

Summer box office rebounds in 2021


VEON closes Wind Tre sale to CK Hutchison

VEON Ltd. has completed the sale of its 50% stake in Wind Tre SpA to CK Hutchison, VEON announced Sept. 7.

The company will use the €2.45 billion sale proceeds to reduce debt and for general corporate purposes. CK Hutchison now becomes sole owner of Wind Tre.

The European Commission recently approved the transaction after CK Hutchison took over pre-existing commitments previously provided by VEON and CK Hutchison when the Italian operator was formed in 2016.