Articles tagged with: Q Telecom and Tim

Greece - Accelerating Growth with 150% Penetration in Sight

The four Greek operators have now all reported Q4 2006 results. Although the 100% penetration landmark was reached as long ago as March 2004, the market shows no sign of slowing and, if anything, the rate of new connections is actually increasing. The chart below shows rising penetration measured on the right hand side and the quarter on quarter growth rate on the left. more

Related Tags: cosmote

TIM Greece Sold to Egyptian Weather Group

Weather, backed by Egypts's Naguib Sawiris has paid EUR3.4 (US$4.4) billion for Greece's TIM Hellas. The sale price includes EUR500 million of equity plus EUR2.9 billion of net debt at year end 2006. Apax and TPG initially acquired TIM Hellas from Telecom Italia in June 2005 for EUR1.6 (US$2) billion. In January 2006 the consortium completed the follow-on acquisition of q-telecom, the fourth largest Greek mobile operator from Info-Quest S.A. for EUR360 (US$466) million. more

Related Tags: telecom-italia, naguib-sawiris, morgan-stanley