Vodafone and Wind cleared to merge Greek tower assets

13 Nov 2020

The Greek National Telecommunications & Post Commission (Ethniki Epitropi Tilepikoinonion kai Tachydromeion, EETT) has approved a proposed merger of the passive infrastructure assets of local cellcos Vodafone and Wind. Under the terms of the deal first announced in July, the combined tower company will be under the control of Vodafone. The regulator found that the merger would have no restriction of competition in the relevant markets. In September this year the EETT approved an extension of a 4G network sharing agreement between Vodafone and Wind. The two operators have agreed an eight-year deal to lease infrastructure from their new joint venture, which will oversee a network of 5,200 towers.