0
Broadband

Greece's Forthnet officially becomes part of United Group

Wednesday 25 November 2020 | 12:04 CET | News
Greek telecommunications and pay-TV provider Forthnet has officially become part of United Group, a provider of telecommunications services and media in Southeast Europe. United Group, which is majority owned by BC Partners, announced in June a deal to acquire an initial stake of 36 percent in Forthnet. Since then, United Group increased its stake to about 80 percent. By the end of 2020, after the company plans to complete the conversion of the Forthnet convertible debt it holds, and its stake will rise to approximately 85 percent. 

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: Broadcast & Satellite / Fixed
Companies: Forthnet / Tele2 / Vivacom
Countries: Greece
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

United Group to acquire Greece's Wind Hellas

Published 16 Aug 2021 16:12 CET | Greece
United Group announced an agreement with Crystal Almond Holdings to acquire Greek operator Wind Hellas. Wind has a total of 4.2 ...

Forthnet adopts Nova name, plans investment in content, networks

Published 17 Jun 2021 09:54 CET | Greece
United Group's Greek operator Forthnet announced that it's officially changing its name to Nova. As part of the change – which ...

United starts tender offer for rest of Forthnet

Published 02 Feb 2021 09:03 CET | Greece
Greek operator Forthnet (Nova) announced that the Hellenic Capital Market Commission approved United Group's mandatory tender ...

Forthnet announces departures of Tsougrianis, Katsogianni

Published 19 Jan 2021 11:23 CET | Greece
Forthnet has announced the departure of Grigoris Tsougrianis, consumer services and business development executive director and ...

United increases stake in Forthnet to 84.6%

Published 29 Dec 2020 17:12 CET | Greece
Greek telecommunications and pay-TV provider Forthnet announced that a total of 290,641,659 voting rights, representing 84.60 ...

United Group to acquire Bulgarian broadcaster Nova from Advance Media Group

Published 29 Dec 2020 13:13 CET | Hungary
United Group has reached an agreement to acquire Bulgaria's largest multi-platform media company, Nova Broadcasting Group, from ...

Forthnet shareholders confirm new board

Published 16 Dec 2020 14:44 CET | Greece
Greek operator Forthnet's shareholders have confirmed a new board of directors, following United Group's acquisition of control ...

Go sells Forthnet shares to United Group

Published 08 Dec 2020 09:30 CET | Malta
Maltese company Go entered into a share purchase agreement with Newco United Group Hellas for the sale of its 24.88 million ...

Nova names Tzelepis as interim CEO, to reform board

Published 24 Nov 2020 11:39 CET | Greece
Greek operator Forthnet, owner of pay-TV platform Nova, has promoted CFO Dimitrios Tzelepis to board member and interim CEO after ...

United builds up 33% stake in Forthnet

Published 26 Oct 2020 13:11 CET | Greece
Greek operator Forthnet said that the United group has built up an over 33 percent stake in the company following the group's ...

United Group buys all existing Forthnet claims, bonds held by three Greek banks

Published 03 Sep 2020 15:06 CET | Greece
Forthnet announced that the United Group agreed to buy from the National Bank of Greece, Alpha Bank, Piraeus Bank and Attica Bank ...





Calendar   /   Industry Events

19 Jan Fujitsu ActivateNow: Technology Summit
20 Jan Limelight Networks Q4 2021
20 Jan Netflix Q4 2021
25 Jan Ericsson Q4 2021
25 Jan Microsoft fiscal Q2
25 Jan F5 fiscal Q1
25 Jan Verizon Q4 2021
25 Jan European 5G Conference
26 Jan AT&T Q4 2021
26 Jan Corning Q4 2021
26 Jan Intel Q4 2021
26 Jan Calix Q4 2021
26 Jan Crown Castle Q4 2021
27 Jan Extreme Networks fiscal Q2
27 Jan Samsung Electronics Q4 2021
27 Jan Juniper Networks Q4 2021
27 Jan STMicroelectronics Q4 2021
27 Jan MTN Nigeria Q4 2021
27 Jan Elisa Q4 2021
27 Jan Rogers Communications Q4 2021
27 Jan Comcast Q4 2021
27 Jan Apple fiscal Q1
27 Jan FCC meeting
::: More Calendar Items