United Group’s Greek operation Forthnet is to be rebranded Nova, the name it already uses for its consumer brand.
The Bulgarian incumbent telco Vivacom generated 29% of United Group’s revenues in the first quarter.
The pay-TV service Nova ended 2020 with 463,494 subscribers in Greece and Cyprus.
Panayotis Georgiopoulos has been appointed the CEO of Greece’s Forthnet, effective April 1.
The Greek telco and pay-TV operator Forthnet has officially become part of United Group.
Greece’s Forthnet ended the first half with a total of 456,453 pay-TV subscribers, or 0.6% fewer than in the same period last year.
Forthnet plans to become the fourth largest player in Greece’s telecom market.
BC Partners-Owned United Group has agreed to acquire the debt and a significant minority interest in the Greek telco and pay-TV operator Forthnet.
Greece’s Nova has signed an exclusive agreement with Studiocanal.
The Greek pay-TV operator Nova has extended its agreement with Discovery.