internet Archives - Financial Mirror

Another record year for Cablenet

2% increase in revenue, 52% increase in mobile subscription base For yet another year, Cablenet has achieved double-digit revenue growth. Specifically, in 2023, it reached €74.3 mln compared to €63.9 mln in

15th March 2024

Companies/Cyprus

99% of Norway, Saudi Arabia, UAE are online

The worldwide internet population has grown by 189 mln, or 3.7% year-over-year, reaching an impressive 5.3 bln in October. That means over 65% of the world’s population has internet access. However, the

20th December 2023

Life & Society/World

Multi-million shock from potential internet disruption

Cyprus is at risk of a staggering economic impact of €10,457,241 in the event of a global internet outage, mobile data restriction, or a halt to social media applications lasting 24 hours,

27th November 2023

Cyprus/Life & Society

Use of smart devices spreading faster than EU

The use of internet-connected devices has increased from 2020 to 2022 in Cyprus, at a much larger rate than the wider European Union, according to Eurostat. In 2022, 65.7% in Cyprus aged between 16

30th August 2023

Cyprus/Europe

Very few Cypriots can’t afford internet

Cyprus is among those EU countries with the lowest percentage of people unable to afford an internet connection, according to Eurostat. In 2022, 0.5% of the population in Cyprus could not afford

2nd August 2023

Cyprus/Europe

Safe Internet helpline sees sextortion cases spike

An annual increase of 47.97% was recorded in mainly cybercrime incidents addressed to the Internet Safety Helpline 1480, said the Education Ministry. In Q2 2023, there was a notable increasing trend in

13th July 2023

Cyprus/Life & Society

Internet banking, social media use above EU average

Cypriots buy fewer goods online than their European counterparts but use internet banking and social media much more. Some 54% of the Cyprus population and 67% of the EU (16-74 years old)

25th October 2022

Cyprus/Europe

Cyta boasts Europe’s fastest mobile internet network

Cyprus Telecommunication Authority (Cyta) can boast it offers the fastest mobile internet in Europe, as Ookla awarded its Cytamobile-Vodafone network for a second year. “The fastest mobile internet network in Europe” award

17th October 2022

Business

Cyprus internet speeds in slow lane

Some 41% of households in Cyprus enjoyed high-speed internet coverage, a huge gap from the rest of the EU, where 70% enjoyed fast broadband. Cyprus had the second lowest coverage in fixed,

23rd August 2022

Cyprus/Europe

Most calls to internet helpline were cybercrime incidents

Almost 1 in 2 valid requests received by the cybersafety helpline during the last three months were related to hacking, fraud and online bullying. Most reasons for contacting the helpline were related

21st July 2022

Cyprus