VEON

United Group has reached an agreement with Crystal Almond Holdings Limited for the acquisition of Wind Hellas.

The deal is reportedly worth 950m euros.

Providing mobile, landline and television services, Wind has a total of 4.2 million users and has revenues of over € 500 million per year.

Foreign investment funds are said to be focusing on Greek telecommunication services provider Wind Hellas.

This minor player in the Greek cellphone market has garnered the attention of at least four investment groups that want to invest in the country's telecommunications sector, Kathimerini understands.

Egyptian billionaire businessman Naguib Sawiris has reportedly expressed an interest in investing in Greece.
Sawiris, who is executive chairman of Orascom Investment Holding Group, declared his intentions during a meeting with Greek Prime Minister Kyriakos Mitsotakis at Maximos Mansion on Tuesday.

Greek telecommunications provider Wind Hellas on Thursday expressed certainty that it is on course for growth, as it seeks to expand its infrastructure and enter the pay-TV market.