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Fixed Access

TelecomTV TRACKER

Sourced by TelecomTV's TRACKER platform
from Vodafone Media

Fixed Access

Vodafone Greece acquires CYTA Telecommunications Hellas S.A.

Via Vodafone Media

Jul 11, 2018

Vodafone Group today announces that Vodafone-Panafon Hellenic Telecommunications Company S.A. (“Vodafone Greece”) has completed the acquisition of CYTA Telecommunications Hellas S.A. (“CYTA Hellas”) for a total enterprise value of €118 million.

CYTA Hellas is a provider of fixed and mobile telecommunication services in Greece. It owns a fibre optic Next Generation Network and offers mobile services through a Mobile Virtual Network Operator with Vodafone Greece. CYTA Hellas has around 300,000 fixed broadband customers (c. 8% market share) and around 40,000 mobile customers.

Through this acquisition, Vodafone Greece will expand its fixed network, increase its customer base and secure additional capabilities and expertise for the benefit of its customers.

Related Topics
  • Access Evolution,
  • Announcement,
  • Broadband,
  • Business Models,
  • Cloud Native,
  • Core Network,
  • Europe,
  • Fixed Access,
  • Mobile,
  • Spectrum,
  • Telco & CSP,
  • Tracker,
  • Vodafone

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This content extract was originally sourced from an external website (Vodafone Media) and is the copyright of the external website owner. TelecomTV is not responsible for the content of external websites. Legal Notices

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