The declining course of the mobile telephony sector in Greece continued last year, confirmed in a study conducted by the Athens University of Economics and Business with ICAP that showed an 18% drop in turnover to 3.57 billion euros. The Association of Mobile Telephony Companies – as daily Kathimerini reports – attributed the decline to the absence of a friendly investment environment, the inadequate institutional framework and the state’s inability to apply it. The study shows a 27% decrease in investment in the sector compared with 2009. This year is expected to be the first when planned investment in wireless broadband Internet connections will be close to zero.
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