Forthnet S.A. is a Greek Internet Service Provider established in October 1995 by Minoan Lines SA and the Foundation for Research & Technology - Hellas(Ίδρυμα Τεχνολογίας και Έρευνας, Ι.Τ.Ε), also known as FORTH.
Forthnet's capital is estimated to €50,000,000 and its shareholders are: Forgendo (33,89%), Stichting Pensioenfonds ABP (13,20%), Cyrte Investments (8,35%) and finally the Foundation for Research & Technology - Hellas (4,20%). The rest of the available stock is owned by small investors.
On April 14, 2008, Forthnet purchased Netmed, parent firm of NOVA Greece & NOVA Cyprus (DTH satellite providers in Greece & Cyprus). The transaction is valued at 430 million euros. In 2008 Nova Greece had 350,000 subscribers.
Greek broadband, satellite provider selects T-VIPS for new HD video transmission service.(Forthnet)(Brief article)
Oct 18, 2011; Greek private broadband and satellite service provider Forthnet has selected the T-VIPS TVG450 JPEG2000 gateway system for...