The Italian electrical company ENEL has sold the third largest Italian mobile operator, WIND (turnover of 4.7 billion EUR in 2004), to the WEATHER INVESTMENT consortium, for 12.13 billion EUR. WEATHER INVESTMENT is a group of investors led by Egyptian businessman Naguib Sawiris, which will unite WIND and 50% of its telecoms company ORASCOM TELECOM (turnover of 2 billion dollars in 2004) with a view to creating a large telecommunications group in the Mediterranean basin. After the operation,...