Greek incumbent OTE Group ploughs billions into fibre
The OTE Group has announced plans to roll out full fibre to 3 million homes and businesses in Greece over the next five years, investing around €3 billion in the process.
Telecoms.com
Greece
Wind Hellas spins off €70 million fibre business
Wind Hellas has unveiled plans to spin off its fibre broadband assets into a new company that will operate as an open access fibre wholesaler.
United’s Wind buy creates new converged player in Greece
United Group has agreed to buy Greek mobile operator Wind Hellas, a tie-up that will create a much stronger converged player in the country.
Deutsche Telekom uses W-band for 10 Gbps 5G backhaul in Greece
Deutsche Telekom has proven that frequency bands beyond 100 GHz can be just as effective as lower bands for high-speed mobile backhaul.
Ericsson comments on US and Greek corruption investigations
Swedish networking giant Ericsson has issued statements on two historical corruption investigations still underway in the US and Greece.
Vodafone Greece takes majority stake in Hellas
Vodafone has agreed to acquire a majority holding in Greek fixed line operation Hellas Online. The company will purchase 72.7 per cent of the share capital from Intracom Group and World Equities Investments for €72.7m. Vodafone Greece already holds 18.5 per cent of Hellas Online, with the most recent transaction taking its ownership to 91.2 per cent.
OTE makes play for Forthnet Greece
The battle for control of Greece’s leading alternative fixed line operator continues apace, with OTE joining the fray on Tuesday. The Greek carrier launched a bid of between €250-300m on a debt-free cash-free basis for the pay TV operation, Nova, which is owned by Forthnet.
Vodafone, Wind seek to acquire Forthnet
A battle for control of Greece’s leading alternative fixed line operator has broken out, as Vodafone Greece joined forces with Wind Hellas to try and take control of Forthnet, which also owns pay TV operator Nova.
Greek operators strike network sharing deal
With the difficult economic climate taking its toll on businesses in Greece, the nation’s number two and number three mobile operators have signed an active 2G and 3G network sharing agreement covering rural areas and some urban sites.
Greece’s OTE encourages employees to retire early
Greece’s largest operator OTE has announced it is embarking on a programme of voluntary retirement. OTE’s Board of Directors has approved a scheme to begin talks with labour unions to encourage employees who are close to their retirement age to leave the firm.
Vodafone pulls out of Greek merger
Vodafone Group has confirmed that it has abandoned its plans to merge its operations in Greece with local operator Wind Hellas, citing the uncertainty around the Greek market as a key reason.
Vodafone mulling further investment in Greece
Vodafone this week confirmed that it is in talks with Greek player Wind Hellas over a possible merger or acquisition.
Greece causes stir with 2G spectrum re-auction
The Greek mobile market is in a spin this week after national regulator the EETT issued a proposal for the re-auctioning of GSM spectrum licenses which are due to expire in 2012. The move is controversial because it is an unusual renewal process, but also because the authority has set reserve prices at more than double the European average.
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