Private company

Nova Greece

Logo: NOVA, Public domain, via Wikimedia Commons3

Greek telecommunications and media company

Nova Telecommunications & Media S.M.S.A. is a Greek telecommunications company which provides broadband, television, mobile and fixed services. It also offers satellite services in Cyprus. It was traded on the Athens Exchange until its delisting in 2021.2 It was founded by Foundation for Research and Technology – Hellas.1 It is part of United Group.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 20, 2026.

Overview

Nov 2, 1995Founded1
  • Industrytelecommunications industry1
  • HeadquartersPallini1
  • Founded inPallini1
  • Websitewww.nova.gr
  • Legal formAnonymi Etaireia1

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Nova Telecommunications & Media S.M.S.A. is a Greek telecommunications company which provides broadband, television, mobile and fixed services. It also offers satellite services in Cyprus. It was traded on the Athens Exchange until its delisting in 2021.2

Corporate structure

Nova Greece is part of a group headed by United Group. 26 entities, 9 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0). Each entity in the chart links to its source.

What it owns

What Nova Greece reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Stakes and holdings (Wikidata)

Things Wikidata records the company as owning, with the share when stated.1

The story

Founded by Foundation for Research and Technology – Hellas on Nov 2, 1995, in Pallini.1

History

Forthnet was established in October 1995 by Minoan Lines SA and the Foundation for Research & Technology – Hellas.

Nova brand was launched in Greece in December 1999 for the satellite television platform by Naspers, who also operated MultiChoice. In 2002, Nova absorbed the Alpha Digital satellite television platform. On April 14, 2008, Forthnet reached an agreement with Naspers to purchase Netmed, the parent company of Nova satellite television platform in Greece and Cyprus for €430 million.

In 2010, Nova Greece had 363,679 subscribers. HD service counted 52,968 subscribers in 2011.

In the end June 2015 the platform had 509,088 subscribers, while one year later, June 2016 it had a decrease to 460,252.

In July 2017, it was referred that Nova had 430,000 subscribers.

In 2020, Nova had 551,000 broadband internet subscribers and 457,000 pay television subscribers.

In March 2021, it was announced that Nova had 456,500 pay television subscribers making it the second largest TV provider.

Satellite Technical information

Nova broadcasts in standard definition using the DVB-S MPEG-2 format and (since September 2010) in high definition using the DVB-S MPEG-4 format through Hot Bird 8 satellite at 13°E. The service is encrypted with Irdeto conditional access system. Until recently the subscribers had the option of buying a specific set-top box, or using any DVB-S Irdeto enabled set-top box, but since September 2009 new subscribers are only allowed to use the company's own set-top box. This change of policy has raised some significant controversy. Nova has also introduced a digital video service, accessible only through a (different) specific set-top box. This service requires an extra subscription fee but also provides the subscriber with the option to watch two different channels on two different TV sets in the same household.

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Digital satellite receivers

Nova Satellite Package includes digital satellite receivers manufactured by Pace. The current models are NovaBox HD 831 and NovaBox HD PVR 865. Older models were Panasat 1110, Panasat 910, as well as the older Panasat 720i, Panasat 700 and Panasat 642, manufactured by Panasat.

From Wikipedia’s article on Nova (Greece), shared under CC BY-SA 4.0.4

Products and brands

  • telephony
  • television platform

Listed on Wikidata.1

Subsidiaries and ownership

Parent company

Owners

Also owns

From Wikidata.1

Acquisitions

  1. Succeeded Wind Hellas1

Former names

  • Nova Telecommunications S.A.2021 to 20231
  • Forthnet S.A.1995 to 20211

Timeline

  1. 2023Renamed Name changed to Nova Telecommunications & Media S.A.1
  2. 2023Renamed Name changed to Nova Telecommunications & Media A.E.1
  3. 2021Renamed Name changed to Nova Telecommunications S.A.1
  4. 2021Renamed Name changed to Nova Telecommunications Α.Ε.1
  5. Nov 2, 1995Founded Founded in Pallini1

Sources

The numbers on this page point here. Each one links to the record it came from.

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