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Vodafone Greece wants to focus on mobile service and in that sense, they’ve reached an agreement with local landline operator, Hellas Online Electronic Communications (HOL), to transfer its own landline customer base to HOL, in exchange for an 18.5% stake in the company.
That, however, however doesn’t mean Vodafone will stop offering landline services. Quite the contrary, the only difference is that now the two companies will jointly offer both fixed and mobile line products and services.
For the record, with 215.000 customers (as of June 30th) and a 26% market share, HOL is the fastest growing fixed telephony and internet provider in Greece, and now ranks in the second place of the alternative providers market.
The transaction between the two companies is expected to complete in the fourth quarter, due to regulatory approval and commercial implementation.
[Via: CellularNews]
About The Author
Dusan Belic
Dusan has been using smartphones since their introduction and is now following the latest trends in the industry. The "convergence" is what he's most excited about, and writing about it is the next logical thing to do. He thinks that using a smartphone is what everyone who cares about their time should do. In addition to his interests in mobile phones, Dusan also loves to experiment with the latest web and mobile 2.0 services. The idea of accessing and managing your information from any device no matter where you are simply amazes him. Whether it's an online to-do list, note taking service or a video sharing social network, he's there to try it out. He admits though, he's still searching for the ultimate web-based organizational tool, which "sings" perfectly with the mobile PIM application. Dusan used to run SymbianWatch.com which later became part of IntoMobile. He lives in Serbia, South-East Europe, from where he edits the site on a daily basis.
