Wind Hellas unveils 500 mln€ investment plan over 2016-20 period

Wednesday, 30 March 2016 13:05
UPD:13:07
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By Teti Igoumenidi
 

Wind Hellas, one of the three major telecoms providers in Greece, on Tuesday unveiled a 500-million investment plan over the 2016-2020 period, with company executives pointing to a goal of 20 percent of the domestic market.

According to Wind Hellas chairman and CEO Nassos Zarkalis, both he and the company’s majority shareholders – the Golden Tree and Anchorage Capital funds, with 25 and 17 percent, respectively – believe that Greece’s economic downturn is nearing an end.

He added that although risks on this assessment cannot be foreseen, the company’s investment plan will be unaffected.

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