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Merger Of Forthnet-Nova

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Forthnet announced Monday that it is proceeding with the operational integration of the fixed telecommunications and pay television businesses.

“In order to service its customers better and to achieve further operational efficiency, Forthnet Group is proceeding with the integration of related functions and activities that currently operate independently under the brands Forthnet and NOVA. In a difficult macroeconomic environment, this operational integration will help to lower the companys operational expenses and achieve economies of scale,” the company said in the statement.

The integrated divisions will be headed by the Group Chief Operating Officer, Mr. Panos Papadopoulos, who will also act as Deputy Chief Executive Officer.
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