Wind Hellas

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Current company logo

Wind Hellas is a Greek mobile operator. It is the third largest provider in Greece after Cosmote and Vodafone Greece .

development

In mid-1992 the Italian STET - (Società Finanziaria Telefonica SpA) acquired a GSM license to set up a cellular network in Greece for 30 billion drachmas (approx. 88 million euros) and founded the company Telestet.

On 29 June 1993 provides the first mobile call in Greece, in 1998 Telestet became the first Greek telecommunications company to the stock exchange NASDAQ in New York City and Amsterdam Stock Market.

Telestet was taken over by Telecom Italia in early 2004 . On February 8, 2004 Hellas Telestet was renamed TIM Hellas .

Due to massive financial problems at Telecom Italia, a stake of 80.87 percent in TIM International NV, to which TIM Hellas also belonged, was sold on April 4, 2005 for 1,114 million euros to the investment companies Apax Partners and Texas Pacific Group .

In April 2007 TIM Hellas was then sold to Weather Investments, the telecommunications holding of the Egyptian Naguib Sawiris . In May 2007 the activities of the Greek mobile operator TIM Hellas and Q-Telecom were merged. As of June 5, 2007 TIM Hellas and Q-Telecom will operate as Wind Hellas. After the renaming of Hellas Telestet to TIM Hellas on February 8, 2004, this was the second renaming of the mobile operator.

After failed initiatives by financial investors, Wind Hellas was taken over by the creditors in 2010.

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