United Group Acquires Forthnet S.A.

Forthnet S.A. is a provider of home entertainment and communications services in Greece, with nearly 1,000 employees, providing services to nearly 700,000 subscribers and over 40,000 companies. The company that brought internet and satellite pay TV in Greece is, through Nova 3Play, the largest 3play provider in the country. Forthnet, using state-of-the-art technologies and fully exploiting its knowhow, is constantly devoted to developing pioneering proposals for providing integrated and inexpensive communication and entertainment services to the Greek family. Forthnet was formed in 1994 and is based in Athens, Greece.