Nova Deploys Proprietary 10 Gigabit Fiber to the Home (FTTH) Network

United Group, the leading telecommunications and media provider in Southeast Europe, announces an investment of 2 billion euros until 2027 for its activity in Greece. This investment comes in addition to the previous one, amounting to 1.5 billion euros, made by United Group in the last 2 years.

In this context, Nova will develop a state-of-the-art 10 Gigabit fiber optic network, providing fiber to the home coverage to 40% of the Greek population, as well as to businesses, covering 70% of the regions of the country.

With this investment, Nova will install infrastructure for the future, with the deployment of 22,000 kilometers of next-generation optical fiber, which will meet the growing needs for ultra-high speeds. Very soon Nova subscribers will be able to enjoy 1 Gigabit speeds, through the launch of new commercial fiber to the home (FTTH) packages.

Nova, as part of its five-year strategic development plan, will create its own fiber optic network (Fiber to the home), and will continue to invest in new generation (5G) networks, giving Greece the opportunity to bridge the digital divide. infrastructure with its European partners.

With the continuous modernization and development of mobile and fixed telephony networks, Nova is now a large-scale infrastructure provider for millions of Greek individuals and businesses, giving them access to the benefits of the rapidly evolving Gigabit society. At the same time, through the recent launch of EON, Nova subscribers enjoy unique content with ultra-high internet speeds on any device.

Nova Deploys Proprietary 10 Gigabit Fiber to the Home (FTTH) Network

Victoriya Boklag, CEO of United Group said: “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 10 Gigabit network 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.”

Panagiotis Georgiopoulos, CEO of Nova 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.”

Press release


Source: Techblog by techblog.gr.

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