Greece - Telecoms Infrastructure, Operators, Regulations - Statistics and Analyses
Greece’s telecoms market has suffered from tough economic conditions in recent years, leading to lower sector revenue and investment. Operators across the board have seen gross profits tumble year after year, and the continuing economic turmoil will make market conditions particularly difficult during the next few years. The dominant player remains the incumbent telco OTE, which has experienced significant challenges but is supported by the organisational ability and financial clout of its parent Deutsche Telekom, which now owns a 45% stake in the company.
The telecom 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 bailouts.
This report introduces the key aspects of the Greek fixed-line telecoms, wholesale and IT market, outlining the regulatory environment, assessing the major players and providing relevant operational data and financial statistics on both the operators and the market.
Vodafone Greece completes its acquisition of Cyta Hellas;
OTE extends Smart City projects to Halkida and Patras;
Regulator fines OTE for LLU infringements;
Three telcos planning to invest €250 million to meet EU broadband targets;
Government sells 5% stake in OTE to Deutsche Telekom;
Forthnet rebrands all services as Nova;
Deregulation of the retail market for fixed-line calls;
Vestitel builds second fibre-optic link between Greece and Bulgaria;
Report update includes the regulator's market review and 2017 annual report, telcos' operating and financial data to Q3 2018, recent market developments.
Companies mentioned in this report:
OTE (Cosmote), Forthnet (Nova), Wind Hellas, On Telecoms, Tellas.
Paul has been a relentless advocate and tireless activist for making the world a more connected place.
His passion for broadband and his firm belief in its transformational impact on societies across the globe is unrivalled.
I am honoured to call Paul a friend and I trust he will keep up the fight for better broadband and better access to broadband for all people, wherever they live and whatever their background, into the future.
Senator Stephen Conroy, former Communications Minister and Deputy Leader of the Opposition in the Senate
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