It’s rolling out its own 10 Gigabit fiber-to-the-home network with a mammoth $2 billion investment. euro!

THE Novaa member of the colossus named: United Group, is known to be a company that is constantly evolving, creating innovative solutions that contribute to the digital development of our country. After all, the fact that in the last two years Nova has invested more than 1.5 billion euro. However, Nova’s plans are even more boldly for the near future, as Nova within the next five years, aspires to leave its mark on the telecommunications market and as a major infrastructure provider.

In this context, Nova I will develop state-of-the-art fiber optic network 10 Gigabitproviding fiber-to-the-home coverage (Fiber to the Home) in the 40% of the Greek population, as well as in businesses, covering 70% of the Regions of the country. With this investment the Nova will install infrastructure for the future, with growth 22,000 kilometers of new generation optical fiber, which will meet the growing needs for ultra-high speeds. Very soon Nova subscribers will be able to enjoy speeds 1 Gigabitthrough the launch of new commercial fiber to the home packages (FTTH) .

In this way, Nova is going to significantly help the modernization of our country in the area of ​​telecommunications infrastructure, greatly improving the position of Greece, which lags behind in new generation networks compared to community average (both in infrastructure and facilities and in service provision costs). With this particular investment, Nova aspires to bridge the gap and to become a catalyst in the national effort that is being made, so that we reach the 100% utilization of optical fiber for the entire population and businesses up to 2030. Nevertheless, focusing on a purely anthropocentric perception, the focus will not be the lines but… the personas Nova wishes to invest in the possibility of all Greeks to become “commoners» of the evolving Gigabit era, enjoying unimaginably fast speeds from the comfort of their homes.

On the occasion of the news dynamic investment of Nova, took place at Benaki Museum a special event, in which Ms. Victoria Boklag, CEO her United Group and Mr. Panagiotis Georgiopoulos, CEO her Nova they broke down Nova’s plan, which starts at 2022 and reaches until 2027 (the first technical processes related to the installation of the new optical fiber network have already begun). Specifically, the victoriya Book layerstated: “Greece is an extremely important country for United Group. We have proven this with the €1.5 billion investment we have already made. We remain true to our commitment, with the additional €2 billion investment we are announcing today. This investment plan includes the development of a proprietary network of 10 Gigabit with an eye on the future, which will meet the needs for broadband speeds for generations to come. Our purpose is to offer excellent products and services to Greek consumers and businesses, and today we are taking a decisive step towards the realization of this very vision.”

On his part, Mr. Georgiopoulos, said: “Nova, as a large-scale infrastructure provider, now provides options to Greek individuals and businesses after many decades. As part of an investment plan that reaches 2 billion euros by 2027, we are creating 10 Gigabit digital infrastructures. We will soon offer our subscribers speeds of up to 1 Gigabit, thus complementing the recent launch of the EON platform and the continued development of the 5G network. We are constantly evolving our products and services in mobile, fixed telephony and pay TV, making tomorrow’s technology available today.”

Undoubtedly, the future promises to be exciting, and Nova currently has more than just that momentumbut also the «know-how» to make the “dream” of Gigabit with Fiber to the Home reality!

Source: Digital Life! by

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