Market intelligence, trend analysis and forecasts for the Telecoms industry across the regions

Companies / Greece

Emirates International Enhances Stake In Forthnet

August 2008 | Company Finance Alert

News: Greek internet service provider Forthnet has declared that Emirates International has increased its stake in Forthnet to 33.9% from 25.6%, following a EUR300mn (US$447mn) capital increase. Forthnet had opted for the capital infusion to enable it to purchase cable TV and value-added service providers NetMed and Intervision in April 2008 for EUR490mn.

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