Telecommunications & Technology

Francoudi & Stephanou entered the Telecommunications and Technology sector in 2006 providing innovative services to consumers and businesses. The Group is one of the shareholders of PrimeTel PLC and owner of BeluggaWeb Ltd.

PrimeTel is one of the leading providers of mobile, broadband, fixed telephony and television services in Cyprus.  

Founded in 2003, the company operates its own private 4G mobile Network and one of the largest privately owned fiber optic network in Cyprus, offering a variety of complete communication solutions to individuals and business throughout the island.


Belugga is a software development and digital agency, focusing on the development of bespoke online software and transactional systems. 

Systems include online travel service booking engines, online hotel reservation systems, online excursion management platforms, content management systems, e-commerce sites and more. Digital marketing services include search engine marketing, PPC and social media marketing. 

Belugga is a Google Partner, an Amazon Technology Partner and a Microsoft Silver Partner.