Thursday, August 6, 2009

Vodafone buys stake in Greek broadband operator

Vodafone Greece has entered into a strategic partnership with Greek fixed-line broadband provider Hellas Online Electronic Communications (HOL) that will see the two companies combine their DSL businesses. Vodafone said in a statement that the two firms will jointly market Vodafone's mobile products and services and HOL's fixed-line DSL and telephony services on an exclusive basis.

HOL is one of the leading DSL providers in Greece and had approximately 26 percent market share. HOL also has the largest fibre optic network in Greece, covering around 75 percent of the population. Vodafone is the second-largest mobile operator in Greece and had 6 million customers by 2Q09.
source: GMBB

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