Regulator cuts inter connectivity rates

The Telecom Regulator announced sweeping price reductions in the Reference Interconnection Offer (RIO) rates that CyTA charges the independent telecom operators, which will hopefully lead to some price reductions for the public

Zorbas lifts dividend to 7.5c

A. Zorbas & Sons Public Co. Ltd. (ZRP) announced that it has lifted the 2004 dividend to 7.5 cent per share from 5.2 cent in 2003 on the back of a satisfactory

Cyprus Airways (CAIR) faces funding delay

Hellas Jet set to close The future of troubled national carrier Cyprus Airways (CAIR) looked bleak at the beginning of this week following news that the European Commission will delay its decision

Cyprus football in trouble

Cyprus soccer is in crisis following the decision by the Cyprus Football Association last week for an indefinite suspenion of the Cyprus league fixtures because of the clubs’ ongoing financial difficulties. The

Green Line trade reported at CYP 495,000

The total value of products sold from northern Cyprus to the south via the Green Line regulation has amounted to CYP 495,000 since trade started in August 2004, according to sources, compared