x

Economy

Survey Finds Greece Among EU’s Highest Mobile Phone Data Rates

It's no surprise to mobile phone users in Greece when they get their monthly bills, but the country is near the top of the chart for mobile data costs in the 27-member European Union, a report by the European Commission found.

The survey on the digital economy said once another telecom provider operates in the country that the rates could come down substantially as so far there are only three, Cosmote, Wind and Vodafone, leading to little competition between them.

The study, by the Commission DG-Comp competition watchdog, relied on the Finland-based independent study and consulting firm Rewheel to gauge the costs of connectivity in Greece, as part of two sector-wide studies on e-commerce and Fintech, said the business newspaper Naftemporiki.

According to the study, mobile phone prices in Greece are also among the least-competitive among the 37 members of the Paris-based Organisation for Economic Co-Operation and Development (OECD.)

Greece's three mobile phone providers offer similar rates, leaving customers little choice and without plans for unfettered access to the Internet, leaving them to use their home modem to connect, but limited outside. 

The companies control the landline market and terrestrial-based subscriber television.  Deutsche Telekom now controls Cosmote.

Vodafone said the study was a "mishmash of inaccuracies, completely erroneous information and baseless references, which not only have no basis in reality but lead a reader to a wrong conclusion, as well as undermining Greece's digital leap forward…" but it wasn't reported if they disputed what it charges its customers. 

RELATED

ATHENS - Greece's primary surplus stood at €1.

Top Stories

Columnists

A pregnant woman was driving in the HOV lane near Dallas.

General News

NEW YORK – Meropi Kyriacou, the new Principal of The Cathedral School in Manhattan, was honored as The National Herald’s Educator of the Year.

Video

Immigrant Families Rejoice over Biden’s Expansive Move Toward Citizenship, While Some are Left Out

HOUSTON (AP) — Hundreds of thousands of immigrants had reason to rejoice when President Joe Biden unveiled a highly expansive plan to extend legal status to spouses of U.

STUTTGART, Germany  — Jamal Musiala is lighting up the European Championship and showing just why his teammates think the 21-year-old forward can go on to become one of the best players in the world.

ATHENS, Greece  — Scores of Greek firefighters and water-bombing aircraft succeeded late Wednesday in taming a large wildfire on the fringes of Athens that forced authorities to evacuate two nearby settlements.

BOSTON  — A blistering heat wave Wednesday extended from the Midwest to New England, leaving millions of people sweltering through the Juneteenth holiday, including in places like northern Maine where they rarely experience such conditions this early in the year.

Enter your email address to subscribe

Provide your email address to subscribe. For e.g. [email protected]

You may unsubscribe at any time using the link in our newsletter.