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.
ATHENA submarine cable from Cyprus to Greece nears completion; Wind Hellas makes offer to acquire ForthNet’s telecoms division; regulator assesses work programme; economic crisis affecting telecoms revenue and investment; regulator affects price reduction for handling NP requests; OTE signs three-year wage deal in bid to save cash; regulator’s 2011 market review; telcos’ operating and financial data to September 2012; market developments to early 2013.