Despite the liberalisation of Cyprus’s telecom sector, the market overall continues to be dominated by the incumbent, Cyta, which is still fully-owned by the state. The government has rekindled plans to privatise Cyta as part of a wider financial bailout package. The process has been delayed and amended as a result of political opposition. In January 2017 a new scheme was put forward in which the government would retain a majority stake in the operator and have power of veto over important managerial decisions. This potentially places added uncertainty for potential, which would not have full control over a company which has failed to invest adequately in its networks in recent years, and which has seen its share of the fixed-voice, broadband and mobile markets dwindle steadily.
Improved regulatory conditions, particularly in relation to network interconnection and access, has given competing operators the confidence to invest in network infrastructure, to make use of unbundled local loops and to launch competing services. The mobile sector is set for greater competition later in 2017 when the cableco Cablenet, which secured LTE-suitable spectrum at auction in mid-2016, is expected to launch commercial services. The company already operates in the market as an MVNO.
This report introduces the key aspects of Cyprus’s fixed-line telecoms market, outlining the regulatory environment and providing updated operational and financial data on the major operators and the market as a whole. Cyprus is a divided island with most of the information in this report concerned only with the Greek Cypriot area.
Cyta, OTEnet, PrimeTel
Table of Contents
Number of pages 20
Last updated 26 Aug 2018
Analyst: Henry Lancaster
Your blogs and website provide a lot of vital information and data and I would like to congratulate you for this. I find it a very useful point of reference in my work.
Arijit Das, Consumer Electronics and Mobility - Retail and Distribution professional Kolkata, India
Middle East - Mobile Infrastructure and Mobile Broadband
US$1,000.00 until 27 Feb 2019
(normal price US$2,000.00)
Kuwait - Telecoms, Mobile and Broadband - Statistics and Analyses
US$370.00 until 27 Feb 2019
(normal price US$750.00)
A selection of downloadable samples from our Annual Publications catalogue.