ECONOMY

Lannet secures upgrade deal with Orange Business Services

Telephony and Internet provider Lannet yesterday announced its cooperation with Orange Business Services, a subsidiary of France Telecom, in the context of the alternative provider’s upgrading of its network and services. The French-owned company will create for Lannet a new infrastructure for telecommunications networks and solutions. The infrastructure will support the development of integrated services in Internet and telephony as well as the creation of specialized packages providing content not only for domestic users but also for small and medium-sized enterprises and corporate clients. Orange Business Services will also design and realize a broadband network for Lannet, named «Solutions for Providers,» in order to support the promotion of specific services in the Greek market. It will also introduce the Livebox platform, with which clients will be able to surf the Internet, watch digital television, make phone calls and communicate via videophone. The deal is expected to raise the profile of Lannet in the battle for a greater share in the recently opened double-play or triple-play market, which offers consumers fixed telephony, Internet and entertainment services packages. Competition in the market has been raging since the start of the year with many players offering competitive packages that have already gained market shares from OTE telecom. Asked about Lannet’s economic timetable, the company’s president and chief executive, Thomas Lanaras, said the business plan envisages market shares which in the next three years will reach a total value of -140 million.

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