The new company that will emerge after the merger of Nova and Wind Hellas will be called Nova, as United Group, which owns both companies, decided to give this name to the new corporate entity that will emerge.
It is expected to be completed by the end of 2022 merger of Wind Hellas and Nova (formerly Forthnet). Currently the two companies have already been consolidated under a common management team. Upon completion of the merger, the new corporate entity, under the name Nova, will be the second largest provider of fixed and pay TV in Greece.
The new era for Nova will culminate in an investment plan of 1,3 billion euros over the next few years. The investment program includes the expansion of the fiber optic network to the home (Fiber to the Home) and the nationwide coverage of the 5G network.
Η United Group company, which is controlled by the fund BC Partners and has activity in Southeast Europe.
Panagiotis Georgiopoulos, CEO of Nova – Wind said: “Nova and Wind are in the final stages of merging into one corporate entity, under the name Nova. With many years of diverse experience in the fields of telecommunications and television entertainment, with significant investments, but also with a customer-centric philosophy, we are ready to offer innovative services to consumers and businesses, effectively contributing to the digital transformation of the country."
