Otenet

Last updated
OTENET
Public
Industry Telecommunications
Founded 1996
Headquarters Athens, Greece
Area served
Greece
Products Internet Services Provider, Telecommunications provider and Internet solutions
Website www.otenet.gr

Otenet was a major internet service provider of Greece established in 1995. The company is now consolidated into the parent company OTE. Otenet S.A. was an S.A. (corporation) providing Internet products and services. The major shareholder of OTEnet was OTE. The other share holders were NCSR Demokritos (Ariadnet) and National Technical University of Athens each holding 10,000 shares. OTE eventually bought back the shares from these organizations in 2006.

Internet service provider organization that provides access to the Internet

An Internet service provider (ISP) is an organization that provides services for accessing, using, or participating in the Internet. Internet service providers may be organized in various forms, such as commercial, community-owned, non-profit, or otherwise privately owned.

Greece republic in Southeast Europe

Greece, officially the Hellenic Republic, also known as Hellas, is a country located in Southern and Southeast Europe, with a population of approximately 11 million as of 2016. Athens is the nation's capital and largest city, followed by Thessaloniki.

OTE Greek telecommunication company

Hellenic Telecommunications Organisation S.A., usually known by its Greek initials OTE, is the dominant telecommunications provider in Greece. Along with its subsidiaries, is one of the largest telecommunication corporations in the southeast of Europe. OTE Group offers broadband services, fixed and mobile telephony, high-speed data communications and leased line services. In addition, the company is involved in a range of activities, notably satellite communications, real-estate and professional training. At present, OTE companies employ about 30,000 people in 4 countries. Formerly a state-owned monopoly, OTE's privatisation started in 1996 and is now listed on the Athens and London Stock Exchanges.

Contents

Performance

The quality of OTEnet's services was often described as 'inadequate'. Especially the poor performance of their networks on Greece's many small islands has drawn considerable criticism. [1] [2] [3]

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The Internet in Greece relied on PSTN/ISDN modem dial-up from 1990 until 2003, when ADSL was commercially launched by incumbent operator OTE. ADSL2+, VDSL2 and GPON are currently the main broadband standards. Greece also has 3G and 4G+ mobile broadband (HSPA) and a more expensive Satellite Internet access. Greece has an extensive fiber optic network throughout the country.

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References

  1. Athens News, February 2006
  2. Athens News, June 2007
  3. Athens News, January 2008