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PrimeTel

From Wikipedia, the free encyclopedia
Primetel
TypePrivate
IndustryTelecommunication
Founded2003
HeadquartersLimassol
Area served
Cyprus
ProductsTelephone
IPTV
Broadband
Mobile
ParentPrimetel PLC
Websiteprimetel.com.cy
Former logo (2003-2020)

Primetel PLC is a Cypriot telecommunications company that offers and develops voice, data, and video services. It is ranked third in fixed-line telephony after Cyta and Epic, with a market share of 11.2%(2025).[1] The company owns and operates a regional network in Cyprus, Germany, Greece, Russia, and the United Kingdom, providing data communications, fiber-optic fixed network infrastructure, and IP-based services between Europe and the Middle East.

History

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In June 2009, Primetel announced the launch of its submarine fiber cable landing station in Geroskipou and that Reliance Globalcom had terminated its 2.7 terabit HAWK submarine cable system into it.[2]

In May 2011, Primetel launched the first mobile virtual network operator in Cyprus, making it the third cellphone operator on the island.[3] Primetel has recently launched Mobile telephony services with Quad–Play services (Fixed and mobile telephony, Internet and TV).[citation needed]

In April 2015, Primetel launched the third mobile network operator in Cyprus.[3] Based on data released by the Office of the Commissioner for Electronic Communications and Postal Services Regulation (OCECPR) for the first half of 2025, Primetel holds an 11.2% market share in total mobile connections in Cyprus.[1]

In July 2023, Primetel was placed into administration after defaulting on a loan it has acquired from Signal Capital Partners.[4]

See also

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References

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  1. 1 2 Staff, Reporter (October 13, 2025). "Cyta retains lead in Cyprus mobile market". Cyprus Mail. Retrieved August 12, 2026.
  2. "Reliance Globalcom activates Mobily on its Hawk submarine cable system". The Economic Times.
  3. 1 2 Lipscombe, Paul (2023-07-25). "Signal Capital Partners to acquire struggling Cypriot telco Primetel". datacenterdynamics.com. Retrieved 2023-09-27.
  4. "Primetel goes into administration". Financial Mirror. 21 July 2023.
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