Tagged in: Greece

Greece’s telcos secure multi-million Euro loans to build out NGNs

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, and the continuing economic turmoil will make market conditions particularly tough … Continue reading

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Greek financial crisis leading to major decline in telecom revenue

Greece’s telecoms market has suffered from 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 given the continuing economic turmoil market … Continue reading

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Greek financial mess causing mayhem to the telecom sector

The financial storm which erupted in 2008 revealed the degree to which Greece’s extended period of strong economic growth had been artificially propped up by credit, and sheltered by its membership of the EU. The global economic turmoil exposed weaknesses … Continue reading

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Greece’s continuing economic crisis providing poor prospects for telecom sector revenue growth in 2014

Despite market liberalisation, some areas of Greece’s telecoms market remain relatively underdeveloped. The fixed-line incumbent OTE continues to dominate all sectors though the telecom regulator has shown increasing success in promoting competition, with local loop unbundling deployed to deliver competing … Continue reading

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OTE launches retail and wholesale VDSL in Greece

Economic background At the end of 2012 the parliament passed an additional package of austerity measures needed to release an additional €31.5 billion in EU and IMF sponsored funds. The deal may see Greece’s debt cut to in coming years … Continue reading

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