Forthnet
Business
Public Power Corporation and Forthnet to Explore Cooperation
Greece’s dominant energy utility PPC, has teamed up with telecom operator Forthnet, to explore the possibility of cooperation in their relevant sectors in Greece, PPC said on Wednesday.
The two companies will look to develop combined telecoms and power services,...
Business
Greek Pay-TV Suffers Losses Due to Taxes and Piracy
The Greek pay-TV market has suffered a rare loss in subscriber numbers, with 15,000 fewer customers at the end of the first half of 2017, compared with those of the previous six months.
According to Kathimerini news daily, this is...
Business
Greek Major Telecom Firm Signs Deal for More Jobs
OTE, the largest Greek telecommunications firm has signed a new three-year contract which will establish an improved payroll for its new employees, raising the introductory wage to 755 euros, much higher than the country’s average minimum wage. Under the...
Business
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...
Greece
Viewers Tired of Greek TV Programs
Panagiota Fotou is so fed up with bad news on Greek free television that she’s willing to pay for programs that help her forget about her country’s economic woes, as she stated at Bloomberg report.
“People are tired of crisis-related...
Business
OTE Plans on Buying Nova Pay TV
The Hellenic Telecommunications Organization (OTE) has submitted a non-binding offer to Forthnet for the acquisition of Nova, its pay television program. The offer amounts to around 250-300 million euros and the financial advisor for OTE is Barclays Bank.
The offer came...
Economy
Head of OTE Michael Tsamaz Verifies Interest in Forthnet Group
Speaking at an ordinary general meeting of shareholders of telecommunication company OTE on Tuesday, its chairman and CEO Michael Tsamaz confirmed OTE's interest in Forthnet group. Tsamaz commented that OTE is watching all market developments and is making contacts...