Η United Group, the leading provider of telecommunications and media services in Southeast Europe, announced on Wednesday that it had completed its acquisition Wind Hellas.
Η United Group will unify the Wind Hellas and Nova to create a holistic provider with a strong customer base in the Greek market, making the second largest provider of fixed and pay-TV services.
Emphasizing the importance of Greece for the company, United Group will carry out in the country investments in excess of € 1,3 billion over the next five years, focusing on priority areas such as fiber optic network expansion, the development of 5G and pay-TV.
Η United Group, based in the Netherlands and having the largest fiber optic network in the region, has already invested € 1,4 billion in the Greek market, making one of the largest investments in the country in recent years.
Landmark agreement
Through the investments we will implement and our extensive experience from eight international markets, we are ready to play a decisive role in both of these sectors, bringing excellent products and top service to households and businesses in Greece. said Victoriya Boklag , CEO of United Group .
Change of leadership in Wind Hellas
Η United Group announced the departure of Nasos Zarkalis from the position of its CEO Wind Hellas, with immediate effect. Its Executive Board United Group thanked Mr. Zarkalis for his work in the leadership of the company for more than a decade, during which he pioneered the transformation of Wind Hellas into a dynamic company that provides a high level of experience to its customers.
Mr. Zarkalis will remain as an Advisor to the Board of Directors for three months, assisting during the transitional period.
Ο Harris Kyriakopoulos, General Financial Director of Wind Hellas, will succeed Mr. Zarkalis in the position of CEO. Will be responsible for ensuring the uninterrupted continuity of its commercial and operational performance Wind Hellas, while will contribute to the planning of the upcoming integration with Nova.
Η United Group He added that the development of detailed consolidation plans is now a priority for the group's management and the management teams of the companies in Greece.
It is noted that United Group entered the Greek market in 2020 with its acquisition Nova, the company that brought pay-TV and internet to Greece. Since then, it has taken significant steps to strengthen its position in the domestic market, such as the complete rebranding of Nova and its launch. EON TV, of the most popular television platform in Southeast Europe.
With its most recent business move, its acquisition Wind Hellas, United Group acquires 3,4 million RGUs (Revenue Generating Units*) in addition, uploading the Group's RGUs total 15,2 million, including 4,7 million RGUs in GREECE.
*That's it revenue generating unit (RGU) are the only service subscriptions that generate recurring revenue for a business
Press Release
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