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Italy will not use veto power over Wind, H3G merger

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Staff writer ▼ | September 23, 2015
Italy will not exercise its power of veto over the proposed merger deal between mobile phone units Wind and H3G, the prime minister's office said in a statement.
Wind H3G
Merger   VimpelCom and Hutchison Whampoa want to go together
The Italian mobile phone units of VimpelCom and Hutchison Whampoa announced in August that they planned to complete the joint venture within a year.

The merger would bring the number of mobile phone operators to three from four, reducing competitive pressure on Telecom Italia.


 

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