Phone Networks in Greece |
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Latest Telecoms News from Greece |
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OTE Debt Rated as Stable - Despite Rising Competition The ratings are underpinned by OTE's strong, leading positions in the domestic fixed-line and mobile markets despite rising competition and a slowdown in the local economy. They also reflect the growth of its international mobile assets and its healthy cash flow generation capability....Comptel Wins Greek Number Portability Contract Greek operator WIND Hellas has selected Comptel to provide a Provisioning and Activation Solution, as well as Mobile Number Portability (MNP) functionality. ...Fitch Downgrades the Debt Ratings of Greece's WIND Hellas Fitch Ratings has downgraded Greek mobile operator, WIND Hellas' Long-term Issuer Default Rating (IDR) to 'B-' (B minus) from 'B' on concerns about its leverage and future cashflow generation. The short-term rating is affirmed at 'B'....OTE telecom net profit up 30 pct in 3Q Greece's largest telecoms company OTE said Wednesday its net profit increased 30 percent in the third quarter due to a strong performance in its mobile phone units....Greece to go Ahead With EUR2.1 Billion National Fiber-optic Network The Greek government announced Wednesday plans to go ahead with a seven-year, EUR2.1 billion-program to build a national fiber-optic network connecting some two million households around the country....Greece OTE Q2 Profit Rises to $237 Million Operating income before depreciation and amortisation (OIBDA) rose 6.3 percent to US$851 million, while revenue rose 2.5 percent to US$2.35 billion, helped by growth at its Cosmote mobile phone division....WiMAX Brings the Internet to the Monasteries of Mount Athos Greece's OTE has announced that its pilot WiMAX network in Mount Athos is now operational. In total, six WiMAX base stations have already been installed. The network range reaches 50 km, covering the majority of the Monasteries and Scetea of Mount Athos...Greece's OTE Seeks Siemens Slush Fund Details - Report Greek telephone company OTE wants a German court to force engineering giant Siemens to reveal whether it paid bribes to OTE employees to secure a $1 billion contract, a report said Saturday....Greece's telecommunications regulator Monday fined Hellenic Telecommunications Organization (OTE), the country's former monopoly phone company, EUR9 million for failing to meet regulatory requirements and for abusing its dominant position in the Greek telecoms market.... A Greek prosecutor Friday indicted the chairman and directors of Greece's state-controlled phone company, Hellenic Telecommunications Organization (OTE), in relation to its 2006 acquisition of retail electronics chain Germanos.... |