Cyprus government reports budget surplus in Q2

Public finances in Cyprus were in surplus again in the second quarter of 2008. according to preliminary data on the general government accounts compiled in accordance to EU concepts and definitions. Total

Eutelsat interested in Greece’s Hellasat

French satellite operator Eutelsat Communications Group SA is interested in buying Greek counterpart Hellasat from OTE, Eutelsat Chief Executive Officer Giuliano Berretta said. He told Italian business newspaper Il Sole 24 Ore

Spidernet to acquire Netway

Spidernet Services Public Limited (SNET) announced that it will proceed with the acquisition of 100% of D.S.P. Netway Limited for total consideration of EUR2.5 mln, part of which in cash, and the