Calamos Supports Greece

Greece

Vodafone Greece to Buy Cyta Hellas for €118M

The Greek subsidiary of Cypriot telecommunications company Cyta will be bought by Greek telecoms giant Vodafone Hellas, after an agreement between the two companies that was announced Tuesday. Cyta Hellas has been for sale and in negotiations with both Vodafone...

European Court of Human Rights Ruling Prompts Reopening of Vodafone Employee's Suicide Case

The European Court of Human Rights fined Greece 54,000 euros for failing to carry out an adequate and effective investigation into the death of Costas Tsalikidis, a networks designer and director of technology at telecom company Vodafone, who was...

Vodafone Takes on New Democracy Elections

Vodafone is reported to have taken on responsibility for the New Democracy (ND) party elections, only if the first round of elections are held after December 19. Up until now, the most likely date for the elections was for...

Vodafone Buys 72.7% of HOL in Greece

Vodafone Group Plc has agreed to buy 72.7% of Greek broadband company Hellas Online SA (HOL) for 72.7 million euros and plans to make an offer for the rest of the company. Vodafone already owned 18.5% of the Athens-based company,...

Vodafone and Wind Bid for Telecommunication Company Forthnet

Greece's biggest subscription TV provider Forthnet announced on Thursday it had received a joint takeover bid from British Vodafone and its Greek business partner Wind.  Vodafone and Wind, which already own about 39% of Forthnet, have made a non-binding offer for the rest...

Vodafone Says Greece Sought Phone Records

The world’s second-biggest mobile phone company Vodafone revealed in a privacy report information that governments -including in Greece - regularly requested data about the company’s users for law enforcement and national security purposes. It showed that Italy, one of the countries...

Vodafone Greece Slapped with 250 Million Euro Lawsuit

The Financial Times reported on Sunday, that a Greek retail partner of Vodafone has filed a 250 million euro ($343.26 million) lawsuit against Vodafone Greece, for allegedly breaching its contracts and causing damages to a Greek retail partner. According...

Vodafone Betting On Greece

New technology investments in Greece are currently underway by Vodafone. Greek Prime Minister Antonis Samaras welcomed Italian businessman and current Chief Executive of Vodafone Group, Vittorio Colao, in his office where they held discussions. Colao confirmed the company’s commitment towards...

Vodafone-Wind Joint Investment Deal

The heads of the mobile operators Vodafone Greece and Wind Hellas, had a meeting on June 26 with the Prime Minister, Antonis Samaras, in order to inform him about their cooperation, which means a great investment for Greece and...

EU Pressures Vodafone to Cancel Greek Merger

Vodafone Group decided to abandon an attempt to merge its Greek unit with rival Wind Hellas after facing European Union regulatory opposition. Vodafone and Largo Limited, the sole shareholder of Wind Hellas, “agreed to terminate discussions relating to a potential...

Vodafone and Wind Hellas Close to Finalizing Merger

According to press reports, Vodafone and Wind Hellas are close to finalizing their merger agreement. According to the same sources, the announcements may take place between now and February 9th, when Vodafone announces its quarterly results. The same sources also...

New Educational Program 'Click on History' Launched by Vodafone and Federation of Hellenic World

Vodafone Greece and the Federation of Hellenic World (FHW) launched the new education program 'Click .... on History'. The goal of the program is to highlight local history in the eyes of young pupils by using wireless communications in modern...

OTE Supports Vodafone-Wind Hellas Merger

According to Wireless Federation, the Hellenic Telecommunications Organization (OTE), the largest telecommunications provider in the Greek market, supports a possible merger plan between Vodafone GR and its main rival Wind Hellas, so as to avoid another bankrupt company. According to...

Vodafone Plans To Takeover Wind Hellas

Vodafone is in advanced negotiations to takeover Wind Hellas. Reportedly, the deal is expected to be finalized by the end of the year, while the same sources note that there is a program of voluntary resignation of about 1,000 employees. The...

Greece Pay-TV Pirate Network Dismantled by Police

Police in Greece have dismantled a pirate network which provided illegal pay TV services in Greece. The operation followed a thorough investigation by the Patras Security Sub-Directorate. The Hellenic Police have made ten arrests, including the ring leader, deputy leader,...