PrimeTel
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| Company type | Private |
|---|---|
| Industry | Telecommunication |
| Founded | 2003 |
| Headquarters | Limassol |
Area served | Cyprus |
| Products | Telephone IPTV Broadband Mobile |
| Parent | Primetel PLC |
| Website | primetel |
Primetel PLCis aCypriottelecommunications company that offers and develops voice, data, and video services. It's ranked third in fixed-line telephony afterCytaand Cablenet, with a market share of 10.7%.[1]The company owns and operates a regional network inCyprus,Germany,Greece,Russia,and theUnited Kingdom,providing data communications,fiber-opticfixed network infrastructure, and IP-based services betweenEuropeand theMiddle East.
History
[edit]In June 2009, Primetel announced the launch of its submarine fiber cable landing station inGeroskipouand that Reliance Globalcom had terminated its 2.7 terabit HAWK submarine cable system into it.[2]
In May 2011, Primetel launched the firstmobile virtual network operatorin Cyprus, making it the third cellphone operator on the island.[3]Primetel has recently launched Mobile telephony services with Quad–Play services (Fixed and mobile telephony, Internet and TV).[citation needed]
In April 2015, Primetel launched the thirdmobile network operatorin Cyprus.[3]Based on the latest data[example needed]released in December 2018, Primetel holds 10.50% Market Share in Mobile Subscriptions in Cyprus.[citation needed]
In July 2023, Primetel was placed into administration after defaulting on a loan it has acquired from Signal Capital Partners.[4]
References
[edit]- ^"Future of PrimeTel uncertain".ekathimerini. 22 July 2023.
- ^"Reliance Globalcom activates Mobily on its Hawk submarine cable system".The Economic Times.
- ^abLipscombe, Paul (2023-07-25)."Signal Capital Partners to acquire struggling Cypriot telco Primetel".datacenterdynamics.Retrieved2023-09-27.
- ^"Primetel goes into administration".Financial Mirror. 21 July 2023.
External links
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