Company Profile 2016 | Page 10

04 COMPANY MILESTONES 2003: ● Company establishment ● Strategic collaboration between PrimeTel and the Electricity Authority of Cyprus for the creation of a new generation telecommunications network ● PrimeTel starts building its autonomous island-wide network 2004: ● PrimeTel secures licence by the Office of the Commissioner of Electronic Communications and Postal Regulation (OCECPR), to establish and operate a telecommunications network and to provide fixed-line electronic communications 10 2005: ● PrimeTel proceeds with the acquisition of the telecommunications service provider, Thunderworx LTD ● Collaboration establishment with Discovery Channel and Turner Broadcasting 2006: ● PrimeTel enters the telecommunications market providing innovative telecommunication services for home users ● PrimeTel’s network reaches more than 180 000 households across Cyprus