Category: Announcements

Something new to discover at Cablenet! Cablenet will start broadcasting today, 1 September 2021, Cablenet Sports 3HD, the new sports channel that will cover the sporting events of all federations through live and exclusive broadcasts.

Cablenet subscribers can now enjoy exclusively, volleyball, handball, basketball, water polo, swimming, athletics, martial arts, artistic gymnastics, and drift tournaments!

The Cablenet Sports 3HD channel will only be available to Cablenet subscribers in the Sports TV packages.

More information about the Cablenet Sports packages, at https://bit.ly/3kphjv4  

CABLENET is extremely pleased to welcome Mr. Charalambos Moyseos to its team, appointed as the company’s Chief Commercial Officer (CCO Consumer) in October 2020. Mr. Moyseos has 20 years’ experience in the Cypriot and overseas Technology & Telecommunications sector, participating in pioneering projects for digital upgrading and the introduction of innovative services. His career encompasses significant successes in various economic sectors with multinational companies whereby he simultaneously gained valuable experience in commercial activity and the implementation of large companies’ growth models. Before joining Cablenet, Mr. Moyseos was Head of Technology Advisory Services at EY (Ernst & Young) where he focused on Consulting Services for digital restructuring projects, IoT and smart cities, as well as the development of solutions based on advanced technologies, such as RPA, Blockchain, AI and Machine Learning. He first became involved in the Telecommunications sector in 2004 where he had an active role in, amongst others, introducing new providers to highly competitive markets; planning and implementing innovative projects in the FixedMobile Convergence (FMC) field; and integrating advanced technologies to the IPTV service through the implementation of high definition decoder infrastructure. In order to implement these projects, he has co-operated with global giants including Cisco, Microsoft, Oracle and Accenture. At Cablenet, he aims to successfully advance the company’s growth in order to establish it as the consumers’ primary choice in all the services it offers. Given the market’s changeable purchasing behaviour, as well as consumers’ differentiated needs, particular emphasis will be placed on leveraging all digital means for customer service. At the same time, the dynamic presence of Cablenet’s front-line staff will support this effort with daily, active communication with consumers. At this point in time, when important announcements are expected from Cablenet, the contribution of Mr. Moyseos, with his customer-centric approach, will prove valuable for the evolution and success of the company. We welcome Charalambos and wish him success in his new duties within Cablenet’s growing family, and look forward to our continued success together!

After 14 years at the helm of Cablenet, Mr Nicolas Shiacolas is set to hand over the CEO position to Mr Yiannos Michaelides. Mr Shiacolas, a seasoned businessman, was instrumental in transforming Cablenet from a small cable TV company, back in 2006, to a hugely successful integrated operator, offering the fastest broadband speeds and best value-for-money bundles.

“I am very proud of what Cablenet has achieved over the years. The experience for me has been immensely fulfilling, as Cablenet grew organisationally from a start-up to a mature company, whilst at the same time implementing state-of-the art technology to become the Internet provider of choice. In addition, what has been hugely gratifying is to have contributed actively in the positive impact Cablenet has had on the Cypriot society. After steering Cablenet this far, it is now time for me to invest more of my time on the other CNS Group family businesses”, said Mr Shiacolas.

Yiannos Michaelides, a veteran executive with over 27 years’ international experience in successfully leading telco and media companies, is set to take over the role of CEO at Cablenet as of 15th June. He comes with a proven track record of solid performance, delivering exceptional shareholder value. Mr Michaelides’ relationship with Cablenet is long and well established. His position as CEO of GO p.l.c. in Malta, between 2012 and 2017 was instrumental in achieving the GO p.l.c. investment in Cablenet – GO today is majority shareholder in Cablenet Communication Systems PLC with a 60% stake. This experience, together with his advisory role at Cablenet over the last two years, as well as his excellent relationship and cooperation with the executive teams at both Cablenet and GO p.l.c., make him a natural successor at Cablenet and bode well for a smooth transition.

“I am honoured to be given such an opportunity to see Cablenet through its next phases of growth and to continue bringing more value to our customers and esteemed shareholders. These are certainly exciting times for Cablenet, and I am fortunate to be able to lead a great team of people in this journey”, said Yiannos Michaelides.

Cablenet’s network currently covers approximately 55% of households in Cyprus and offers super-fast broadband, multiple high definition TV channels and fixed telephony from a single connection. Coverage is being extended as part of a multi-year programme, which also includes ongoing improvements in systems and processes to retain the leading edge in the provision of converged telecom services in the market. During 2019 Cablenet continued to increase its broadband client base by 9.1%, bringing the total customer base today to more than 73,000 subscribers. Most recently, Cablenet purchased its own mobile spectrum allowing it to commence the operation of its own mobile network. The Company intends to leverage this transition to significantly enhance its market position in the mobile services market in the coming years, whilst at the same time reinforcing its position as a dominant broadband provider.

Mr. Shiacolas will take the role of Chairman of the Board of Cablenet and will continue to actively support the Company in its strategic direction.

The Board of Directors thanks Mr Shiacolas for his commitment, dedication and vision over the years to bring Cablenet to the strong market player it is today and wishes him all the success for his future endeavours. The Board also welcomes Mr Michaelides and wishes him every success in his new role as CEO.