Unit Group to Buy Greek Wind Hellas

United Group announced today it has reached an agreement with Crystal Almond Holdings Limited to acquire Greek telecoms operator Wind Hellas.

Wind Hellas is one of Greece’s three mobile operators and has a total of 4.2 million users. It offers mobile, fixed, internet, and television services. Wind-Hellas generates revenues in excess of EUR 500 million annually.

In Serbia, the company SBB and its services EON and Total TV operate within United Group, providing the services of TV channels and portals Sport Klub, Nova S and N1.

The transaction, the press release says, will enable United Group to combine Wind with its existing Greek pay-TV provider Nova to create a strong converged operator that will be the number two player in both broadband internet and television services.

It is added that, in an attractive market, with significant potential for growth, the Wind-Nova combination will be better able to deliver converged offers, new technologies, and superior service, increasing value to Greek consumers.

Nikos Stathopoulos, Partner at BC Partners and Chairman of United Group said that acquiring and integrating strong local telecom and media businesses onto their platform was a core part of United Group’s European growth strategy.

– Greece is a key market for us and with the acquisition of Wind, we are able to create a leading converged operator and contribute to the development of Greece’s telecoms sector through investments in network infrastructure, content, technology, and innovative products and services and be a leading force in the digitalization of the country – Stathopoulos said.

United Group CEO Victoriya Boklag said that Wind, with its strong mobile business, had an amazing fit with the media and the fixed-line expertise of Nova and United Group in terms of expertise in TC and media services.

United Grupa BROADBAND INVESTMENT S.à r.l.

United Grupa

Wind Hellas

Crystal Almond Holdings Limited

BC Partners

Nikos Stathopoulos

Victoriya Boklag

telecommunications

mobile operator

acquisition

purchase