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Greece Telecommunications Report Q2 2014

Greece Telecommunications Market: New market information published


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2014-04-03 05:25:03 - Greece Telecommunications Report Q2 2014 - a new market research report on companiesandmarkets.com

The Greek telecommunications market remains challenging for all participants, with only continued robust demand for broadband and - interestingly - converged service packages providing the only tangible growth. Besides subdued consumer and enterprise spending power resulting from the government´s austerity programme, European Commission-mandated termination rate cuts are squeezing operators further. It is, therefore, not surprising that consolidation among the leading alternative operators seems likelier than ever, with WIND Hellas increasing its stake in ForthNet and an eventual merger of the two considered likely to tempt cash-rich, growth-challenged Vodafone to reconsider acquiring WIND. With incumbent OTE deploying its next-generation VDSL broadband network and enjoying faster pay-TV adoption, the other operators are firmly placed on the back foot and consolidation must surely

 

 

look more appealing.

Key Data

- Mobile subscription addition rates were stronger in Q313 than had been expected, possibly as a result of price cuts and a fresh emphasis on low-cost prepaid services, but equally possibly due to customer migration to 4G mobile broadband services. Subscriptions increased by 1.7% y-o-y to 15.508mn.

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Mike King
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