Synopsis
Greece’s telecoms market is less developed than that of its western European peers. The market is regulated in line with EU principles. Despite market liberalisation, fixed-line incumbent Hellenic Telecommunications Organization continues to dominate all sectors. The national regulator EETT has shown increasing success in promoting competition, with local loop unbundling well utilised to deliver competing fixed-line services. Promoting competition has become one of the EC’s conditions for Greece’s financial bailout. This report introduces the key aspects of the Greek fixed-line telecoms, wholesale and IT market, outlining the regulatory environment, major players and providing relevant operational data and financial statistics on both the operators and the market.
Key developments:
ATHENA submarine cable from Cyprus to Greece nears completion; regulator assesses work programme; economic crisis affecting telecoms revenue and investment; OTE signs three-year wage deal in bid to save cash; wholesale FttC access determined; operator data to end-2011; market developments into early 2012.
Companies covered in this report include:
OTE, ForthNet, Wind Hellas, On Telecoms, Tellas.