Broadband penetration in Greece is developing steadily despite the difficult economic conditions which have prevailed in recent years, and despite the 5% tax imposed of internet services from January 2017. These conditions have reduced consumer spend on services, with a knock-on effect on revenue. Nevertheless, the main operators have recently secured loans to enable them to build fibre-based next generation networks and so reach the European broadband targets for 2025. The incumbent operator, Cosmote, still dominates the DSL sector though this is diminishing through wholesale access to other players via LLU. The slowly increasing consumer take up of broadband and a steady deployment of faster VDSL infrastructure has in turn encouraged the development of a range of IP services including streaming videostreaming.
Alternative operators able to access Cosmote’s VDSL vectoring technology; Wind Hellas providing 1Gb/s in fibre trials; Cosmote extends VDSL network coverage; Wind Hellas and Vodafone extend fibre sharing venture; regulations ratified for in-building fibre ducts; operators secure loans to extend NGNs; report update includes the regulator’s market review and annual report for 2016, telcos’ operating and financial data to Q3 2017, recent market developments.
Cosmote (OTE), On Telecoms, Forthnet, Wind Hellas, Hellas Online.
Number of pages 19
Last updated 7 Dec 2017
Analyst: Henry Lancaster
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