Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 30 n° 318

Cyprus Telecoms, Mobile and Broadband Statistics and Analyses 2018

Posted by fidest press agency su giovedì, 11 ottobre 2018

The “Cyprus report has been added to ResearchAndMarkets.com’s offering.This report provides a comprehensive overview of trends and developments in Cyprus’s telecommunications market. The report analyses the fixed-line, mobile and broadband sectors.Despite the liberalisation of Cyprus’s telecom sector, the market overall continues to be dominated by the incumbent, Cyta, which was only fully privatised in July 2018 following its sale to Vodafone Greece. The sale of the company formed part of a wider financial bailout package and was delayed and amended because of political opposition.Although it is the dominant provider, Cyta has failed to invest adequately in its networks in recent years, resulting in a steady decline in its share of the fixed-voice, broadband and mobile markets. Nevertheless, the company in May 2018 announced plans to make significant investments in a ten-year NGN infrastructure project.One fruit of this project was the launch of an FttP service in the following August, supplemented by vectoring technology on its copper infrastructure in rural areas. The financial and management support of Vodafone will likely lead to further upgrades and innovation in coming years.

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