EETT has made decisions that the companies implementing the VDSL Vectoring project must implement.
EΕTT has a meeting on Wednesday, where they will address current issues. Firstly, they’ll discuss the process for the first phase of VDSL Vectoring. Accordingly, they will plan the procedure for the second phase of allocation. This involves 100Mbps speeds or higher. Vodafone and WIND recieved awards for urban centres, 25 and 23 respectively.
As part of the third phase of the process of introducing VDSL technology, phone and Internet wires will run over an underground cable. This method will improve speed and accessibility. Businesses seeking better rates for technology deployment can submit an application for award. The deadline for the application for next generation access network architecture/technologies is July 7th, at 4pm.
WIND
Wind Hellas is now able to proceed with its 3-year fibre optic investment plan after receiving the EETT approval. Fast Internet with 1 Gbps speeds is possible through advanced technological and construction projects, which is becoming more commonplace across the world.
“Today, the new telecommunications project we have been working on is coming out of the starting gates. Our fiber optic network aims to set a new standard that other providers will follow. It is expected to increase internet speed, giving us a reputation boost in the region.”We are very excited for this major upgrading of our nation’s technology,” says the President & CEO. “With assistance from a well known tech giant, we’ll be able to make everything happen faster and safer.”
The company has submitted plans for the development of next generation networks as part of its approved 3-year investment plan by EETT. Wind’s total investment will cover up to 500,000 lines throughout parts of Greece, including areas where the optical fiber will reach users’ homes. They are extending broadband services to the selected areas of Attica Thessaloniki, Kalamata, Larissa, and Heraklion.
Wind Hellas will be building new infrastructure in three of its most important coverage areas to use all the latest fiber optic technologies (vectoring, super vectoring, G.fast & FttH). Wind Hellas will invest EUR 500 million over the next 5 years in mobile and fixed telephony. According to their CEO, it is part of their company investment plan for this sector which includes a total EUR 1 billion over the next 10 years: We’re really excited to hear about Greece finally going digital! We’ve seen a lot of big changes in the telecommunication industry. Hence, we’re glad that our company is partnering with them.
Investors collaborate
Mr. Zarkalidi stresses the importance of this project and of the importance of stakeholders’ collaboration for a successful project. Large-scale commercial investments are one of the key drivers of economic growth and social development in Europe. The EU’s Commercial Law Framework, which entered into force in October 2012 and applies across the Union, plays a central role in achieving this goal. This framework provides clearer and better legal certainty to investors operating within its scope. They also contribute towards reducing administrative burdens.
Vodafone
Vodafone Greece is proceeding with the first large-scale implementation of fibre-to-the-home (FTTH) networks in Greece. This is one of the company’s investments. They will allocate EUR 500 million into new generations of fixed and mobile networks. They promise to upgrade product service portfolio, as well as their branch network.
Vodafone has implemented FTTH and FTTC in Greece to expand their fiber broadband network. Vodafone has expanded its coverage in Nea Ionia, Freattida, Girokomioio, Pagrati and Neos Kosmos. These are all recent markets where it’s proving to be a success so far.
The President and CEO of Vodafone Greece, Haris Broumidis said. “Vodafone is expanding its network and implementing the first large-scale fibre optic network deployment project to the home, turning a new page in telecommunications and providing positive effects for businesses of all kinds. We commit to ensuring that citizens and businesses have the same opportunities open to them in the digital economy. Investing in Greece is like investing in a startup company. The country’s economy is improving thanks to GBTA’s investment and Greece is displaying this by providing the environment for Gigabit society development.
You can read another story about fiber optic networks in Greece here.
Author: PC-GR
