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Cyprus Telecoms, Mobile and Broadband Statistics and Analyses 2018 - ResearchAndMarkets.com

October 8, 2018

DUBLIN--(BUSINESS WIRE)--Oct 8, 2018--The “Cyprus - Telecoms, Mobile and Broadband - Statistics and Analyses” report has been added to ResearchAndMarkets.com’s offering.

This report provides a comprehensive overview of trends and developments in Cyprus’s telecommunications market. The report analyses the fixed-line, mobile and broadband sectors.

Despite the liberalisation of Cyprus’s telecom sector, the market overall continues to be dominated by the incumbent, Cyta, which was only fully privatised in July 2018 following its sale to Vodafone Greece. The sale of the company formed part of a wider financial bailout package and was delayed and amended because of political opposition.

Although it is the dominant provider, Cyta has failed to invest adequately in its networks in recent years, resulting in a steady decline in its share of the fixed-voice, broadband and mobile markets. Nevertheless, the company in May 2018 announced plans to make significant investments in a ten-year NGN infrastructure project.

One fruit of this project was the launch of an FttP service in the following August, supplemented by vectoring technology on its copper infrastructure in rural areas. The financial and management support of Vodafone will likely lead to further upgrades and innovation in coming years.

Key Developments:

Cyta to invest in ten-year NGN project; MTN Group sells Cypriot unit to Monaco Telecom for 260 million; Quantum Cable contracts for new submarine cable linking to Greece and Israel; Telecom Italy Sparkle and Cyta complete the Kimonas cable subsystem linking Cyprus with Crete; Cyta launches FttP services; Cablenet sees growth in broadband subscriber base, gains 22% broadband market share; Estonian government to help Cyprus develop e-government functions and systems; Government commits to all premises having access to 30Mb/s broadband by 2020; PrimeTel contracts SmartLabs for video streaming platform; Ministry of Communications completes 800MHz and 2600MHz spectrum auction; Report update includes the regulator’s market data to December 2017, operators’ statistical data updates to Q2 2018, recent market developments

Key Topics Covered:

1. Key statistics

2. Telecommunications market

3. Regulatory environment

4. Fixed network operators

5. Telecommunications infrastructure

6. Broadband market

7. Digital economy

8. Digital media

9. Mobile communications

Companies Mentioned

Cablenet Cyta Cytamobile-Vodafone Kibris Telecom MTN Cyprus Multichoice OTEnet PrimeTel

For more information about this report visit https://www.researchandmarkets.com/research/w2q73v/cyprus_telecoms?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181008005697/en/

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Related Topics:Telecommunications and Networks,Broadband,Mobile Networks

KEYWORD: CYPRUS MIDDLE EAST

INDUSTRY KEYWORD: TECHNOLOGY INTERNET TELECOMMUNICATIONS MOBILE/WIRELESS

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 10/08/2018 01:23 PM/DISC: 10/08/2018 01:23 PM

http://www.businesswire.com/news/home/20181008005697/en

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