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Cyta

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Cyta
Native name
Cyprus Telecommunications Authority (CYTA)
FormerlyCyprus Inland Telecommunications Authority (CITA; 1955-1961)
Company typeState-owned
IndustryTelecommunications
Founded1955; 69 years ago (1955)
HeadquartersNicosia, Cyprus
Area served
Greece and Cyprus
Key people
Michael Ioannides (Chairman)
Andreas Neocleous (Chief Executive Officer)
ProductsFixed-line telephone
Mobile telephony
IPTV
Broadband
ServicesCytavision, Cytanet, Cytamobile, ebill, web sms, web mail, cyta shops, telephony, internet, mobile plans, mobile phones, TV
RevenueIncrease €400.1 million (2022)[1]
Increase €84.79 million (2022)[1]
Decrease €76.08 million (2022)[1]
Total assetsIncrease €1.081 billion (2022)[1]
Total equityIncrease €1.116 billion (2022)[1]
OwnerPolitics of Cyprus
Number of employees
2,287 (2022)[2]
WebsiteCyta Personal
Cyta Business
About Cyta

Cyta (Greek: [ˈsita]) is a semi-governmental organisation incorporated by law, it is the leading provider of Integrated Electronic Communications in Cyprus. It is the dominant provider of fixed-line telecommunications, mobile telecommunications and Ιnternet access in Cyprus.

Cytamobile-Vodafone logo

Cytamobile has provided their mobile telephony services since 1988, and currently operates under the name Cytamobile-Vodafone, following a Network Partnership Agreement with Vodafone in 2004.[3]

History

Originally established as Cyprus Inland Telecommunications Authority (CITA; Template:Lang-gr) in 1955, took on its current name Cyprus Telecommunications Authority (CYTA; Template:Lang-gr [aˈtik]) in 1961 after taking control of external communications from Cable & Wireless Ltd.

It has provided Internet access since 1995 under the Cytanet brand and it now offers broadband services DSL access. Branded as miVision then, Cyta entered in 2004 the digital and interactive television market. The service has been renamed Cytavision.

Operations

Cytashop in Nicosia, Cyprus

Nowadays, Cyta provides a broad range of services and facilities for voice and data applications in both fixed and mobile telephony. Particular emphasis is placed on the provision of value added services, such as content/multimedia via the Internet which, according to industry projections, will be the dominant business activity of the next decade.[citation needed]

Building on its role as a telecommunications hub in the South-Eastern Mediterranean, Cyta expanded its operations in the Greek market, offering broadband Internet and fixed telephony services in specific areas of Greece, with plans for further expansion in the future. It also operates in the British market, under the brand Cyta UK, offering "tailored network solutions"[clarification needed] to customers based on the IP-MPLS platform. Central and Eastern Europe are markets that have also been targeted.[4]

In recent years and following Cyprus’ accession to the European Union in 2004, Cyta faced a number of challenges with regards to the legal implications and regulations of operating within the European Bloc, the fierce competition this brings as well as the ever-changing developments in telecommunications.[citation needed]

Services

The company covers the whole country with digital PSTN, ISDN, DSL and FTTH services. Cyta is offering fixed telephony, Internet service (Cytanet), mobile telephony (Cytamobile-Vodafone) and Pay TV (Cytavision).

References

  1. ^ a b c d e "Auditors' Report & Financial Statements 2022" (PDF). cyta.com.cy (in Greek). Cyprus Telecommunications Authority.
  2. ^ "Annual Report - Annual Sustainability Report 2022" (PDF). cyta.com.cy (in Greek). Cyprus Telecommunications Authority.
  3. ^ CytaMobile Vodafone. "Our Positioning". Archived from the original on 2012-03-08. Retrieved 5 April 2011.
  4. ^ "Data Services". Cyta UK ltd. 27 February 2024. Retrieved 27 February 2024.