Greece - Telecoms Infrastructure, Operators, Regulations - Statistics and Analyses
Greece's telecoms market has undergone some very 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 tough during the next few years. The dominant player remains the incumbent telco Cosmote (OTE). The company has experienced significant challenges, but is supported by the organisational ability and financial clout of its parent Deutsche Telekom. Despite market liberalisation, Cosmote continues to dominate all sectors in the market.
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.
Regulator selects Forthnet as Universal Services provider; Greece aiming to secure third bailout package as economy remains in financial turmoil; three telcos planning to invest 250 million to meet EU broadband targets by 2020; Cypriot government draws up legislation aimed at selling off Cyta Hellas; government pledges commitment to open source technologies; government transfers 5% stake in OTE to TAIPED privatisation agency; Forthnet rebrands all services as Nova; deregulation of the retail market for fixed-line calls; regulator reduces prices for handling NP requests; Vestitel builds second fibre-optic link between Greece and Bulgaria; report update includes the regulator's 2015 market review and 2015 annual report, telcos' operating and financial data to Q4 2016 recent market developments.
Companies mentioned in this report:
Cosmote (OTE), Forthnet (Nova), Wind Hellas, On Telecoms, Tellas.