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| Company type | Private |
|---|---|
| Industry | Telecommunication |
| Founded | 2003 |
| Headquarters | Limassol |
Area served | Cyprus |
| Products | Telephone IPTV Broadband Mobile |
| Parent | Primetel PLC |
| Website | primetel |
Primetel PLC is aCypriot telecommunications company that offers and develops voice, data, and video services. It is ranked third in fixed-line telephony afterCyta and Cablenet, with a market share of 10.7%.[1] The company owns and operates a regional network inCyprus,Germany,Greece,Russia, and theUnited Kingdom, providing data communications,fiber-optic fixed network infrastructure, and IP-based services betweenEurope and theMiddle East.
In June 2009, Primetel announced the launch of its submarine fiber cable landing station inGeroskipou and that Reliance Globalcom had terminated its 2.7 terabit HAWK submarine cable system into it.[2]
In May 2011, Primetel launched the firstmobile 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 thirdmobile 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]
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