The Greek mobile market is the most expensive market in EU
The Greek mobile market where only 3 mobile network operators (3-MNOs) are present, was once again, ranked as the most expensive mobile market in EU and as one of the most expensive markets in the world. Even after excluding the mobile telephony tax Greek minimum monthly prices of smartphone plans with 1, 3 or 5 gigabytes were the highest in EU. And while telecom regulators in EU’s remaining 3-MNO tight oligopoly markets are taking steps to remedy effective competition – see recent 4th MNO entry in Portugal and ANACOM’s social tariff (30 gigabytes for 6 EUR) decision – the Greek telecom regulator EETT is in denial and has done little to remedy the apparent market failures in Greece.
Pre-Christmas price hike in the Greek protected oligopoly
While in EU’s competitive mobile markets consumer prices are falling and gigabyte allowances are increasing, in protected
oligopolies, such as Greece, operator pricing practices are defying economic logic. Between October and December
2013, so just ahead of the most important pre-Christmas sales season, all three Greek mobile operators have
simultaneously hiked the prices of their mass market post-paid smartphone tariffs.