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Forthnet

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,...

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...

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...

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...

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...

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...

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...