Switch off: On Telecoms to cease services on 30 June 2015

4 Jun 2015

Struggling Greek broadband provider On Telecoms has announced that it will stop offering telephone and broadband services as of 30 June 2015, advising customers that all contracts with the operator will be terminated on that date without further notice. Estimated as having around 22,000 subscribers, On Telecoms customers are now able to leave the network without paying any penalty fees.

TeleGeography’s GlobalComms Database notes that as at December 2013 (last known data), On Telecoms had outstanding debts of EUR50 million (USD55.9 million), obligations of EUR95 million and a negative net position of EUR23.4 million.

Greece, On Telecoms (incl. Vivodi)