Cablenet informs its subscribers that, the Internet 50M plan has been automatically upgraded to Purple Internet 300Mbps.
The upgrade applies to all Internet 50M subscribers and does not require any additional cost or action on their part. With this upgrade, the subscribers will enjoy six times the speed at no extra cost.
For any questions or clarifications, subscribers may contact the Cablenet Call Centre at 130.
Cablenet, based on its Contracts with its Subscribers, informs that effective May 1st, 2025, the monthly fee for the Plume HomePass® Black Friday Offer, will be adjusted as follows:
Service
Current monthly fee (inc. V.A.T)
New monthly fee (inc. V.A.T)
Plume HomePass® Black Friday Offer
€ 2.99
€ 5.00
If any subscriber wishes to terminate the service due to this specific change, they have the right to do so at no cost until April 30th, 2025. For more information, please contact the Customer Call Center at 130.
Cyprus’ Fastest Growing Mobile Network Hits Double-Digit Revenue Increase For 1 More Year.
Fiscal Year 2024 Results
+4% increase in Services Revenue
+19% increase in Mobile Customer Revenue
+8% increase in EBITDA
+109% increase in Operating Profit
+10% increase in mobile subscriber base
Customers continue placing their trust in the value delivered by Cablenet for a Better Life
In a highly competitive domestic telecommunication services market, Cablenet delivered another year of strong results. Our product offering continues to be well received by the market and we are very happy with the endorsement our value-driven commitment receives on an ongoing basis from customers from across the country. We are committed to continue rewarding this endorsement in the future, through the continued development of our network capabilities, be it our Gigafast broadband internet network, 5G mobile and advanced home wifi capabilities or partnering with world class equipment and software vendors, among other things.
Cablenet Achieves Strong EBITDA Growth in 2024, Reinforcing Financial Momentum
In 2024, Cablenet delivered robust EBITDA growth, reflecting the continued success of its strategic investments, revenue expansion and cost optimization across core business segments. EBITDA saw a significant increase of 8%, marking a key inflection point in the company’s financial trajectory.
The sustained growth in telecommunications services revenue, coupled with disciplined cost management, has driven higher gross profit and operating profit, while also reducing net losses. These improvements underscore Cablenet’s ability to translate operational efficiencies into stronger financial performance. A financially sound and stable position is important for telecom companies
like us to support their sizable investments and maintain the trust of our customers in delivering the quality of service they expect.
Cablenet Achieves Strong Growth in Mobile Subscribers and Revenue in 2024.
Cablenet’s continued focus on mobile business growth resulted in a 10% increase in its mobile subscriber base—across both postpaid and prepaid users—by the end of 2024. Additionally, mobile service revenue surged by 19%, underscoring the strong market demand for Cablenet’s offerings. This success reaffirms Cablenet’s commitment to expanding and enhancing its mobile services. In 2024, the company made strategic investments in network coverage and capacity, further strengthening service quality. A key priority now is the migration of mobile customers to Cablenet’s dedicated 5G frequency spectrum, a transition expected to be fully completed later this year, ensuring enhanced performance and connectivity for subscribers.
Chief Executive Officer, Mr. Ioannis Mavridis commented, “With my taking on the Chief Executive role in 2024, Cablenet’s long-term strategic objective remains the same – to continue on a growth trajectory path, establishing sizeable market shares in all services which can be delivered on a national basis. Our brand’s slogan of “Cablenet for a better life” is a promise of commercial and technological innovation into practical and simple means that improve the lives of our customers. Doing things better, greener and thinking and acting in a socially mindful context, are directions we plan to explore to increase our value-added contribution to the Cypriot consumers and businesses, beyond 2024, with Cablenet remaining in the leading positions in Customer Satisfaction and NPS (Net Promoter Scores) in both Fixed and Mobile Services”.
Cablenet informs its subscribers that, from April 1st, 2025, it is upgrading the Mobile Data King plan, offering 200 minutes and 200 SMS completely free of charge.
This upgrade applies to all Mobile Data King subscribers and does not require any additional cost or action on their part.
With this upgrade, the subscribers will enjoy even greater value from their mobile phone plan.
For any questions or clarifications, subscribers may contact the Customer Call Center at 130.
Cablenet, based on its Contracts with its Subscribers, informs that as of April 1, 2025, the monthly fee for the Nova Channels plan will be adjusted as follows:
Service
Current monthly fee (inc. V.A.T)
New monthly fee (inc. V.A.T)
BIZ Complete TV
€ 25.89
€ 26.89
BIZ Purple TV Star 2 (NOVA)
€10.00
€11.00
Complete TV
€ 25.89
€ 26.89
Purple TV Star 2 (NOVA)
€10.00
€11.00
HomePack TV Upgrade (Nova)
€5.00
€6.00
Upgrade Variety Xtra TV to Complete TV
€9.00
€10.00
Premium TV add-on
€9.90
€10.90
Premium TV add-on promotion
€6.95
€7.95
TV Premium
€26.89
€27.89
If any subscriber wishes to terminate the service due to this specific change, they have the right to do so at no cost until March 31, 2025.
For more information, please call the Customer Service Center at 130.
Cablenet informs, as its obligation according to 256/2018, that, as of March 1st , 2025, new charges will apply for calls to Primetel’s Directory Enquiry Service (11800). The new charges for calls from Cablenet’s fixed and mobile telephone lines increases to €1.10 per call and €0.11 per 15 seconds (incl. VAT). For more information, please contact the Customer Service Call Centre at 130.
If any subscriber wishes to terminate the service due to this specific change, they have the right to do so at no cost until February 28th, 2025.
Cablenet, based on its Contracts with its Subscribers, informs that as of March 1, 2025 the monthly fee for the Basic Mobile plan will be adjusted as follows:
Service
Current Monthly Fee
(incl. V.A.T.)
New Monthly Fee
(incl. V.A.T.)
Basic Mobile plan
€2.00
€3.00
If any subscriber wishes to terminate the service due to this specific change, they have the right to do so at no cost until February 28, 2025.
For more information, please call the Customer Service Center at 130.
Cablenet announces the assumption of new duties by Andreas Polyviou as Marketing Manager and Michaela Michael as Retail Sales Manager. With their experience and energy, they are poised to lead Cablenet to a new era of success.
Andreas Polyviou, Marketing Manager, Andreas brings a wealth of media experience to his new role as Marketing Manager at Cablenet. As director of major Cypriot radio stations, he successfully implemented innovative practices and cutting-edge proposals, significantly increasing listenership and popularity. Through extensive interaction with the public, he has developed a deep understanding of consumer needs and how to effectively tailor products and services to meet them. Holding degrees in International Relations and European Studies, as well as an MBA, Andreas brings a holistic and strategic approach to marketing, combining creativity with sound business acumen.
“I am thrilled to join the dynamic team at Cablenet,“ said Andreas Polyviou. “My goal is to contribute to Cablenet’s continued growth by developing targeted and impactful marketing campaigns that differentiate our offerings and ensure our services consistently meet the evolving needs of our subscribers.Michaela Michael, Retail Sales Manager, with over 20 years of experience in sales and marketing in retail, Michaela Michael has proven her abilities in the field. Representing leading brands, she has managed to develop sales channels beyond the conventional, while adapting the data of international brands to the specific needs of the local culture and market. Over the past 3 years, as a member of Cablenet, she has made a significant contribution to the successful management of Cablenet’s channel airtime. With a degree in Management Information Systems (MIS) and extensive professional experience, Michaela possesses the expertise, strategic thinking, and leadership ability required to continue the upward trajectory of Cablenet’s sales team. Commenting, Michaela said: “My goal is the continued development of the sales department, with a particular emphasis on human resources, which is the fundamental basis for the company’s growth and success. Well-trained and dedicated employees are able to provide personalized services by understanding the real needs of the consumer and always providing the optimal solution.”Cablenet, with customer satisfaction as its compass, continues to invest in growth and development. By adopting new strategies, the Cablenet team is ready to face the challenges of the future and conquer new heights.
Cablenet is pleased to announce the appointment of Velisarios Masouras as its new Chief Financial Officer (CFO), effective November 18, 2024.
Mr. Masouras brings a wealth of experience in financial leadership to Cablenet. He previously worked at the auditing firm KPMG and has held senior positions in companies across the Consumer Goods and Pharmaceutical sectors. With over a decade of experience, he has developed a strong expertise in financial strategy, operational efficiency, and performance optimization.
In his new role, Mr. Masouras will focus on ensuring the company’s financial stability while supporting strategic investments to enhance Cablenet’s market position and unlock new growth opportunities.
He holds an MEng in Electrical and Information Engineering and an MRes in Photonic Systems Development from the University of Cambridge. He is also a Fellow Chartered Accountant (FCA) with the Institute of Chartered Accountants in England and Wales and a Chartered Financial Modeling Professional (CFMP).
“It is a great honour for me to join the team of Cablenet. I am excited about the opportunity to contribute to the implementation of the company’s growth strategy and to enhance its financial performance. Together with the exceptional team at Cablenet, we will work towards creating long-term value and achieving the ambitious goals of the company”, commented Mr. Masouras”.
Με υπερηφάνεια, η Cablenet Communication Systems Plc ανακοινώνει την επιτυχή ανανέωση της πιστοποίησής της ως Εργοδότης Ίσων Ευκαιριών, από τον Εθνικό Φορέα Πιστοποίησης του Υπουργείου Εργασίας και Κοινωνικών Ασφαλίσεων. Αυτή η σημαντική διάκριση, η οποία ισχύει για περίοδο τεσσάρων ετών, αποτελεί την τρίτη διαδοχική φορά που η Cablenet λαμβάνει την πιστοποίηση, έχοντας αναγνωριστεί για πρώτη φορά το 2015.
Η Chief HR Officer της Cablenet, κα. Χρυστάλλα Καραγιώργη δήλωσε: “Είμαστε υπερήφανοι που συγκαταλεγόμαστε στις μόλις 12 εταιρείες στην Κύπρο που έχουν λάβει αυτή την πιστοποίηση, επιβεβαιώνοντας τη δέσμευσή μας για προώθηση της ισότητας και τη δημιουργία ενός εργασιακού περιβάλλοντος χωρίς αποκλεισμούς”.
Η Cablenet, δεσμεύεται να προσφέρει ένα δίκαιο, ισότιμο και προσβάσιμο εργασιακό περιβάλλον, όπου κάθε μέλος της ομαδάς μας έχει ίσες ευκαιρίες επαγγελματικής ανέλιξης και προσωπικής εξέλιξης, ανεξαρτήτως φύλου, ηλικίας, εθνικότητας, θρησκείας ή άλλων χαρακτηριστικών.
Βασικοί πυλώνες της δέσμευσης αυτής με βάση όσα δήλωσε η κα. Καραγιώργη περιλαμβάνουν:
Ισότητα φύλων: Προάγουμε ίση μεταχείριση ανδρών και γυναικών σε όλα τα επίπεδα.
Ίσες ευκαιρίες ανέλιξης: Διασφαλίζουμε ότι οι προαγωγές βασίζονται στις ικανότητες και τα προσόντα.
Συμφιλίωση επαγγελματικής και οικογενειακής ζωής: Υιοθετούμε ευέλικτες λύσεις που υποστηρίζουν την ισορροπία μεταξύ εργασίας και προσωπικής ζωής.
Ίση αμοιβή: Εγγυόμαστε ίση αμοιβή για ίδια εργασία ή εργασία ίσης αξίας, ανεξαρτήτως φύλου.
“Η ανανέωση αυτής της πιστοποίησης αποτελεί απόδειξη της συνεχούς δέσμευσής μας να παραμένουμε πρότυπο εργοδότη στην Κύπρο, εμπνέοντας και υποστηρίζοντας το ανθρώπινο δυναμικό μας”, πρόσθεσε η κα. Καραγιώργη.
