PrimeTel
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| File:Primetel-logo.png | |
| Company type | Private |
|---|---|
| Industry | Telecommunication |
| Founded | 2003 |
| Headquarters | Limassol |
Area served | Cyprus |
| Products | Telephone IPTV Broadband Mobile |
| Parent | Primetel PLC |
| Website | primetel |
Primetel PLC is a Cypriot telecommunications company that offers and develops voice, data, and video services. It is ranked third in fixed-line telephony after Cyta and Cablenet, with a market share of 10.7%.[1] The company owns and operates a regional network in Cyprus, Germany, Greece, Russia, and the United Kingdom, providing data communications, fiber-optic fixed network infrastructure, and IP-based services between Europe and the Middle East.
History
[edit | edit source]In June 2009, Primetel announced the launch of its submarine fiber cable landing station in Geroskipou and that Reliance Globalcom had terminated its 2.7 terabit HAWK submarine cable system into it.[2]
In May 2011, Primetel launched the first mobile virtual network operator in 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 third mobile network operator in 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]
See also
[edit | edit source]References
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