Voda­fone eyes hav­ing a say at Forth­net

Kathimerini English - - Front Page -

Voda­fone’s head in Greece, Glafkos Per­sia­nis, con­firmed to Kathimerini yes­ter­day that the mo­bile telecom­mu­ni­ca­tions com­pany ac­quired a stake in triple-play provider Forth­net be­cause it wanted to have a seat at the ta­ble to dis­cuss the fu­ture of Forth­net, the dom­i­nant lo­cal player in pay TV and a lead­ing tele­com sup­plier.

Per­sia­nis stopped short of ex­press­ing Voda­fone’s ob­jec­tives at Forth­net, but noted that his com­pany’s strat­egy both in Greece and abroad is for in­te­grated ser­vices in the broad sense.

Voda­fone is be­lieved to have spent about 20 mil­lion eu­ros on the ac­qui­si­tion of a 6.54 per­cent stake in Forth­net dur­ing its share cap­i­tal in­crease last month. Per­sia­nis said the move had the bless­ing of the Bri­tish par­ent com­pany, the Voda­fone Group.

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