Vodafone

Telecoms firms have many nonpayers

Despite the fact that Greece appears to be over the worst of the financial crisis, telecoms firms are still suffering from negligent payers.
Total nonpayments are expected to be around 100 million euros this year, as was the case in previous years.
Accumulated nonpayments in December 2018 stood at 1.2 billion euros, only slightly lower than the 1.29 billion at end-2017.

Electronic communication and postal service operators fined over 2.4 ml lei last year

The National Communications Administration and Regulation Authority (ANCOM) last year handed down fines worth a total of 2.43 million lei (rd 530k euro, ed. n.) to several electronic communications and postal service operators, and conducted some 4,000 checks in the sector, the communications watchdog said in release on Monday.

Vodafone to acquire Cyta Hellas

The National Commission for Telecommunications and Post (EETT) convened on Thursday and, according to sources, has decided to issue its approval for the acquisition of Cyta telecom's Greek subsidiary by Vodafone.

This decision paves the way for the merger of the two Greek companies, thereby reducing the number of local market players from five to four.

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