The acquisition provides further scale and momentum to Vodafone's fixed line and convergence strategy in Greece, building on the successful acquisition and integration of Hellas Online
The Greece telecom market is heading toward integration of mobile and fixed markets, which is Vodafone's intent in acquiring 100% of Hellas Online
SA in 2015 (from its 72.
Vodafone, which last year bought a controlling stake in Greek broadband and fixed line provider Hellas Online
The stake has been raised by Vodafone Group PLC in Greek broadband and fixed line telephony provider Hellas Online
SA after its subsidiary completed the acquisition of 72.
(HOL), a Greek internet provider, said on Tuesday its first-half loss narrowed despite the country's recession, helped by a cooperation deal to share clients with mobile phone giant Vodafone.
Swedish telecomms solutions provider Ericsson (NASDAQ: ERIC) said on Wednesday (30 January) that it has provided hellas online
(hol), telecomms operator, member of Intracom Holdings Group and one of Greece's major internet service providers, with the IMS and softswitch network.
The outperformer remains Vodafone, which took control of Hellas Online
(HOL) in late 2014 and seems poised to buy ForthNet, too .
7% equity stake in Greek broadband and fixed-line telephony services provider Hellas Online
M2 EQUITYBITES-November 26, 2014-Vodafone Greece takes over majority stake in Hellas Online
This will grow further once the acquisition of Hellas Online
closes, expected by the end of this year.
Vodafone Group announced the buyout of a majority stake in Greek broadband service provider Hellas Online
in a deal for 72.
The UK-based telco will acquire nearly 78% in Hellas Online
, a Greek landline provider, for 72.