Greece enters a new era and evolves into a real Digital Country with OTE Group’s key contribution. Through a sharp increase of investments, which will exceed €3 bn. by 2027, OTE Group will deploy the fixed broadband network that will cover the country’s digital needs for the next decades, bringing optical fiber (FTTH) to 3 mn. households and businesses.
Furthermore, the Group has reached the strategic decision to upgrade, free of charge, the fixed broadband speeds that COSMOTE customers enjoy, subject to technical eligibility, thus increasing the take-up of high broadband speeds.
OTE Group’s sharp increase of total investments, set to exceed €3 bn. by 2027, is a game-changer, bringing the FTTH to 3 mn. households and businesses. Carrying this significant project out, OTE Group will cover almost 2/3 of Greece’s lines with Fiber to the Home, living up to the needs of today and tomorrow and creating new prospects for digital growth. Today, OTE Group’s FTTH lines amount to almost 560,000.
OTE Group made the strategic decision to upgrade free of charge, COSMOTE customers’ fixed broadband speeds in regions where FTTH is not available, subject to technical eligibility. The aim of this initiative is to boost the take-up of high broadband speeds and fully utilize the capabilities of today’s networks by the majority of the population. Upon the Regulators’ (EETT) approval, the free speeds upgrade is expected to begin within Q1 2022 and gradually be completed within the year. The speeds upgrade will also benefit potential/new COSMOTE fixed broadband customers, as COSMOTE will launch new rate plans, upon EETT’s approval.
OTE Group’s initiatives will enhance customer experience and solidify its long-term prospects.
