OTE ordered to get Teledome back online

21 Apr 2005

The Greek National Telecommunications Commission (NTC) has ordered Hellenic Telecommunications Organisation (OTE) to resume offering wholesale wireline services to its rival Teledome and is considering taking further action against the incumbent for trying to stifle competition. OTE stopped providing services to Teledome earlier this week, claiming that the alternative fixed line operator had not settled its outstanding debts or provided necessary guarantees that it would do so in the future. However, the regulator has sided with Teledome, which claims that it did provide guarantees, and is now examining the legitimacy of the incumbent’s actions.

Meanwhile, OTE has completed the transfer of two of its wholly owned overseas businesses to its mobile subsidiary Cosmoté. The telco sold its 100% holdings in GloBul of Bulgaria and Macedonian cellco Cosmofon to its wireless unit for EUR490 million; Cosmoté has managed both operators for the group since 2003.

Greece, Cosmote, Cosmote (old), ONE (incl. on.net and Cosmofon), Telenor Bulgaria