Forthnet

Nova, the satellite pay-TV platform of listed telecoms company Forthnet, announced on Thursday the introduction of a pioneering service that allows its triple-play customers (Nova3play) to have full unlimited access to its library of movies, TV series, etc, for free by connecting their satellite receiver to their Internet router.

By Vangelis Mandravelis

Vodafone and Wind Hellas aim to create a major rival to fixed-line telephony market leader OTE through the absorption of Forthnet and Cyta Hellas, which would start with a subscription base of 2 million clients as well as over 500,000 pay-TV subscribers.

Leading alternative telecom provider Forthnet, owner of the Nova satellite TV platform, announced on Friday a record number of subscribers at end-September, totaling 1.177 million.

It also reported a 41.3 percent yearly rise in triple-play (phone-Internet-TV) clients and a 20.2 percent increase in pay-TV customers.

Greek telecoms company OTE said it was in preliminary talks with the main shareholder of a small rival, Forthnet, to buy its subscription television operations.

OTE's move comes two weeks after its biggest domestic rival Vodafone acquired an option to increase its 6.5 percent stake in Forthnet to 19.75 percent.

By Vangelis Mandravelis

The Hellenic Telecommunications Organization (OTE) is preparing a bid for the buyout of alternative telecom provider Forthnet – owner of pay-TV platform Nova – and OTE head Michalis Tsamaz on Tuesday indirectly confirmed that the country’s dominent industry player is interested in Forthnet.

Listed Greek telecom service provider Forthnet on Friday announced a 74.4 percent increase in the number of its triple-play subscriptions (telephony, broadband Internet and pay television) in the first quarter of the year compared with the same period in 2013.

By Vangelis Mandravelis

The telecommunications market in Greece is abuzz with developments as judgment day looms for some of the industry’s main players. This mainly concerns companies currently operating on a razor’s edge such as Hellas Online (HOL) and Cyta Hellas.