Posts by tag: Cyta

Comment December 7, 2014

The corrupt rule of small kingdoms

By Loucas Charalambous

I HAVE written many times about the small kingdoms and fiefdoms which have been operating with catastrophic consequences for the economy and altogether make up the so called broader public sector.

First, we have the kingdom of the state sector in which there are several different fiefdoms, the members of which have more privileges than their colleagues; I refer to teachers, air traffic controllers, employees of the Central Bank etc.

Outside the state services, we have the…

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The corrupt rule of small kingdoms
Local News Technology December 4, 2014

New Cyta app to monitor children’s smartphones

CYTAMOBILE-Vodafone launched a new application for smart phones on Wednesday that helps parents protect their children from the dangers of the internet and control their phone contacts.

The safeMobile app, available for free to all customers with monthly contracts and prepaid cards, lets parents define which people their children can talk to and exchange SMS messages with, limit the applications the children can have access to, locate their children through GPS and monitor their childrens’ use of their mobile phones.

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New Cyta app to monitor children’s smartphones
Local News December 2, 2014

Verdict expected in CyTA land scandal on December 22

The Aero Centre project in Dromolaxia is “a serious case of corruption,” the prosecutor in the trial said in her closing arguments in court on Tuesday.

“A feast was held at the expense of the CyTA (Cyprus Telecommunications Authority) pension fund,” prosecutor Elli Papagapiou told the court.

Larnaca criminal court, which has been trying the case for months, has adjourned to December 22, when it is set to deliver its verdict on eight defendants implicated in the case.

The land…

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Verdict expected in CyTA land scandal on December 22
Local News November 20, 2014

AKEL will vote against privatisation bills  

AKEL said on Thursday it would vote against any bills that aimed at privatising telecommunications authority CyTA.

Speaking after a meeting with the Commissioner for Privatisations, Constantinos Herodotou, AKEL chief Andros Kyprianou said that over the past ten years, CyTA had given a total of over €60 million in surpluses to state coffers and this money would now be lost and “end up in the pockets of some individuals”.

CyTA, the electricity authority EAC and the Cyprus Ports Authority are…

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AKEL will vote against privatisation bills  
Local News October 19, 2014

Less bang for your buck: why the internet is so slow and expensive in Cyprus

By Constantinos Psillides

THE FACT that Cyprus is lagging in areas where other EU countries are advancing rapidly is hardly newsworthy. So it comes as absolutely nobody’s surprise that Cypriots pay too much on their internet connection, at the same time putting up with slower speeds than their EU counterparts.

According to data from the EU Digital Agenda Scoreboard, Cypriots pay an average of €91 for fast and ultra-fast internet connections (this applies to speeds of 30Mbps to 100Mbps) and…

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Less bang for your buck: why the internet is so slow and expensive in Cyprus
Local News October 18, 2014

CyTA called to account for freebies

A list with freebies worth €60,000 given last year by the telecommunication authority CyTA to political parties, former state officials, mayors and football clubs has been given by Auditor-general Odysseas Michaelides to the House Public Expenditure Control committee.

Michaelides said that he found reprehensible CyTA’s practice of giving away electronic devices and coupons to non-business clientele.

He added that the service needs of state officials should be covered by the government and not by officials at CyTA.

Chairman of the…

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CyTA called to account for freebies
Business Local News October 16, 2014

EBRD ready to provide equity to Cypriot banks if needed

The European Bank for Reconstruction and Development (EBRD) has not ruled out the possibility of buying a stake in Cyprus` banks in addition to that of the Bank of Cyprus, EBRD Cyprus office head Libor Krkoska has told the Cyprus News Agency.

The EBRD began operations in Cyprus following a request from the Cypriot authorities. The Bank`s first move on the island was the acquisition of 5.12 per cent of the island`s largest lender, Bank of Cyprus, as part of…

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EBRD ready to provide equity to Cypriot banks if needed
Local News September 24, 2014

CIIM-CyTA announce start-up competition

THE Cyprus International Institute of Management (CIIM) and the Cyprus Telecommunications Authority (CyTA) on Wednesday presented a business competition for 2014-2015 with a view to creating innovative independent business with a global perspective (start-ups).

The emphasis will be on companies that are in the early stages of development, web-based businesses, and businesses based on new knowledge and high technology.

The competing teams have to comprise two to five members, one of whom must be a student or a graduate (alumni) of the…

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CIIM-CyTA announce start-up competition
Local News September 19, 2014

CyTA offers free telecare trial to the elderly

By Evie Andreou

SENIOR citizens of Strovolos will have the opportunity to be the first to test two telecare services – the Alert Button and Location Tracking – provided by the Cyprus Telecommunications Authority (CyTA) and VIDAVO Company.

The two services, which are running on a pilot basis, will be provided free of charge to members of the Strovolos daily centre for elderly people for a period of two months.

The alert button, which is on a bracelet, puts…

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CyTA offers free telecare trial to the elderly
Local News September 18, 2014

CyTA case a ‘conspiracy to hurt AKEL’

By George Psyllides

AKEL’s former financial officer, on trial in connection with a suspicious land deal involving state telecoms company CyTA, reiterated on Thursday that the whole case was a political conspiracy to hurt the party.

Venizelos Zanettos, 67, claimed he had no involvement and queried why investigators had not questioned AKEL MP Nicos Katsourides in connection with the case, stressing however that he was not suggesting he was guilty.

He said Katsourides had been tasked with overseeing CyTA on…

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CyTA case a ‘conspiracy to hurt AKEL’

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