Claims upset Greek telecom market

The announcements by the Competition Commission and the study by Finnish company Rewheel regarding the high charges and "closed oligopoly" conditions in the Greek telecommunications market have generated major reactions both in the market and on a political level.

However, the furor created may well be to the consumers' benefit, as today the Hellenic Telecommunications and Posts Commission (EETT) is expected to approve the wholesale rates for broadband connections and force companies to introduce cuts, with OTE being the most greatly affected. The wholesale rate reduction will range from 10% to 20% and will largely be passed on to the end consumers.

Vodafone and Wind vehemently denied Rewheel's claims about coordinated activities by the two local networks, while EETT sought to deconstruct the claims of the Competition Commission, which asked to obtain the telecoms...

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