ECONOMY

Greek telecom group Forthnet maintains 2014 revenues stable

Listed Greek telecom firm Forthnet on Tuesday announced it has maintained its 2014 group revenues stable (down 0.1 percent) from 2013, against a backdrop of tough competition and a drop in the fees of several telecom companies.

Its pay-TV arm, Nova, enjoyed a 12.1 percent increase in its subscription base, driven by the popular Nova 3Play package – combining pay TV with telephone and broadband Internet services – that saw 27.4 percent more subscribers last year.