Local landline operator Hellas Online Electronic Communications and Vodafone Greece have now entered into a strategic partnership whereby Vodafone will transfer their landline customer base over to HOL in return for 18.5 percent of HOL.

According to an article on cellular-news, Vodafone Greece along with HOL will exclusively and jointly offer mobile and fixed line products and broadband service in the Greek mobile market.

However this transfer can not be expected until Q4 because of commercial implementation and regulatory approval. HOL, as of June the 30th has 215,000 customers and a 26 percent market share.