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Greece and Ireland at bottom of any list

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  • 10-09-2006 9:10pm
    #1
    Closed Accounts Posts: 1,144 ✭✭✭


    Dave Burstein, in his DSL newsletter, reports on Greece and mentions Ireland, too.
    Greece at last
    Orders 200K lines from Huawei
    The new agora of the Internet runs very slowly in Greece, but OTE added 59K DSL subs in the March quarter. That’s still only 213,000 lines of DSL, keeping Greece with Ireland at the bottom of any list of developed countries. OTE’s capital spending was minimal, 9.5% of revenues in 2005, while dialup users propped up corporate finances paying by the minute. With no Greek cable modems, only 7K unbundled broadband lines, and an obviously ineffective regulator, the company was instead investing in Romania, Albania, and Bulgaria.

    Merrill notes Greek DSL reaches only “6% compared to a European average of 37.5% of households,” although their optimistic estimate is “1.7mn subscribers by 2010 for a penetration of 42%.” Prices have dropped to 43 euro (including VAT) for 1 meg down and 21 euro for 384K/128K, the most popular speed. OTE projects prices dropping 15% per year through 2008.

    Wang Jiading, Huawei’s regional vice-president, has been busy lately, signing contracts from Greece to the UAE to the Maldives. The company’s willingness to invest long term in the medium and small markets are making them the vendor of choice in many countries. In markets like Britain, Huawei has to price extraordinarily low, and probably below cost, to win contracts; in others, they are becoming the lead vendor and winning on service more than pricing.
    P.


Comments

  • Registered Users Posts: 6,173 ✭✭✭1huge1


    well to be honest were bad but there terrible


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