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{{Advert|date=June 2023}}{{More citations needed|date=May 2021}}{{For|the toll-free service provider in the United States|PrimeTel Communications}}
{{Advert|date=June 2023}}
{{More citations needed|date=September 2023}}{{For|the toll-free service provider in the United States|PrimeTel Communications}}
{{Infobox company
{{Infobox company
| name = Primetel
| name = Primetel
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}}
}}


[[File:PrimeTel logo.svg|thumb|Former logo (2003-2020)]]
[[File:PrimeTel logo.svg|thumb|Former logo (2003-2020)]]{{Short description|Telecommunications company in Cyprus.}}
'''Primetel PLC''' is a [[Cyprus|Cypriot]] telecommunications company that offers and develops voice, data, and video services. It's ranked third in fixed-line telephony after [[CYTA|Cyta]] and Cablenet, with a market share of 10.7%. <ref>{{cite news |date=22 July 2023 |title=Future of PrimeTel uncertain |agency=ekathimerini.com |url=https://www.ekathimerini.com/economy/1216017/future-of-primetel-uncertain/}}</ref> The company owns and operates a regional network in [[Cyprus]], [[Germany]], [[Greece]], [[Russia]], and the [[United Kingdom]], providing data communications, [[Fiber-optic cable|fiber-optic]] fixed network infrastructure, and IP-based services between [[Europe]] and the [[Middle East]].

'''Primetel PLC''' is a [[Cyprus|Cypriot]] telecommunications company that offers and develops Voice, Data and Video services. It's ranked third in fixed-line telephony after [[Cyta]] and Cablenet with a market share of 10.7%.<ref>{{cite news |title=Future of PrimeTel uncertain |url=https://www.ekathimerini.com/economy/1216017/future-of-primetel-uncertain/ |agency=ekathimerini.com |date=22 July 2023}}</ref> The company owns and operates a regional network, spanning Cyprus, Germany, Greece, Russia and the United Kingdom, providing city-to-city connectivity, data communications, fiber optic fixed network infrastructure and IP-based services between key European and Middle East markets.


==History==
==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.<ref>{{cite news|url=https://economictimes.indiatimes.com/industry/telecom/reliance-globalcom-activates-mobily-on-its-hawk-submarine-cable-system/articleshow/19678787.cms|title=Reliance Globalcom activates Mobily on its Hawk submarine cable system|newspaper=The Economic Times }}</ref>
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.<ref>{{cite news|url=https://economictimes.indiatimes.com/industry/telecom/reliance-globalcom-activates-mobily-on-its-hawk-submarine-cable-system/articleshow/19678787.cms|title=Reliance Globalcom activates Mobily on its Hawk submarine cable system|newspaper=The Economic Times }}</ref>


In May 2011, Primetel launched the first [[mobile virtual network operator]] in Cyprus, making it the third cellphone operator on the island.{{Citation needed|date=May 2021}} Primetel has recently launched Mobile telephony services with Quad–Play services (Fixed and mobile telephony, Internet and TV).{{Citation needed|date=May 2021}}
In May 2011, Primetel launched the first [[mobile virtual network operator]] in Cyprus, making it the third cellphone operator on the island.<ref name=":0">{{Cite web |last=Lipscombe |first=Paul |date=2023-07-25 |title=Signal Capital Partners to acquire struggling Cypriot telco Primetel |url=https://www.datacenterdynamics.com/en/news/signal-capital-partners-to-acquire-struggling-cypriot-telco-primetel/ |access-date=2023-09-27 |website=datacenterdynamics.com}}</ref> Primetel has recently launched Mobile telephony services with Quad–Play services (Fixed and mobile telephony, Internet and TV).{{Citation needed|date=May 2021}}


In April 2015, Primetel launched the third [[mobile network operator]] in Cyprus. Based on the latest data{{Such as?|date=May 2021}} released in December 2018, Primetel holds 10.50% Market Share in Mobile Subscriptions in Cyprus.{{Citation needed|date=May 2021}}
In April 2015, Primetel launched the third [[mobile network operator]] in Cyprus.<ref name=":0" /> Based on the latest data{{Such as?|date=May 2021}} released in December 2018, Primetel holds 10.50% Market Share in Mobile Subscriptions in Cyprus.{{Citation needed|date=May 2021}}


In July 2023, Primetel was placed into administration after defaulting on a loan it has acquired from Signal Capital Partners.<ref>{{cite news |title=Primetel goes into administration |url=https://www.financialmirror.com/2023/07/21/primetel-in-administration/ |agency=Financial Mirror |date=21 July 2023}}</ref>
In July 2023, Primetel was placed into administration after defaulting on a loan it has acquired from Signal Capital Partners.<ref>{{cite news |title=Primetel goes into administration |url=https://www.financialmirror.com/2023/07/21/primetel-in-administration/ |agency=Financial Mirror |date=21 July 2023}}</ref>
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{{DEFAULTSORT:Primetel}}{{Cyprus-stub}}{{Europe-company-stub}}
{{DEFAULTSORT:Primetel}}{{Cyprus-stub}}{{Europe-company-stub}}
[[Category:Mobile phone companies of Cyprus]]
[[Category:Telecommunications companies of Cyprus]]
[[Category:Telecommunications companies of Cyprus]]
[[Category:Companies based in Limassol]]
[[Category:Companies based in Limassol]]

Latest revision as of 06:52, 12 June 2024

Primetel
Company 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's ranked third in fixed-line telephony after Cyta and Cablenet, with a market share of 10.7%. [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[edit]

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 the latest data[example needed] released in December 2018, Primetel holds 10.50% Market Share in Mobile Subscriptions in Cyprus.[citation needed]

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

References[edit]

  1. ^ "Future of PrimeTel uncertain". ekathimerini.com. 22 July 2023.
  2. ^ "Reliance Globalcom activates Mobily on its Hawk submarine cable system". The Economic Times.
  3. ^ a b 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.

External links[edit]