0
Broadband

OTE to accelerate fibre rollout to reach 3 mln premises covered by 2027

Wednesday 15 December 2021 | 16:38 CET | News
Greek operator OTE has decided to expand and accelerate its fibre rollout in order to reach 3 million households and businesses covered by 2027 with FTTP. The rollout is a major investment that will drive the country's future and secures OTE's longer term performance and competitiveness for decades to come, the company said in a statement. As a result, capital expenditure will increase compared to recent years, and OTE will draw on cash reserves to maintain its shareholder remuneration.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Categories: Fixed
Companies: OTE
Countries: Greece
::: add a comment
This article is part of dossier

5G

,

Fibre


Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Cosmote, OTEGlobe increase capacity of backbone networks

Published 05 Jan 2022 10:45 CET | Greece
Cosmote and OTEGlobe are increasing the capacity of their backbone networks, to support broadband data traffic inside and outside ...

Cosmote contributes to European research project 5G-PHOS

Published 20 Dec 2021 15:22 CET | Greece
Cosmote said it contributed to the European research project 5G-PHOS with the implementation of a hybrid 5G network that combines ...

Last week in telecoms: towers for sale; fibre expansion in Germany, Greece and UK; SVOD prices changing

Published 20 Dec 2021 13:24 CET | Europe
Deutsche Telekom is starting the process to sell its mobile towers, while 3 UK is facing resistance from regulators over its ...

OTE revenues increase by 2% in Q3 to EUR 861 mln

Published 12 Nov 2021 12:35 CET | Greece
OTE Group saw its revenues increase by 1.8 percent in Q3 to EUR 861.4 million. In Greece, revenues were up 3.5 percent to EUR ...

OTE pays extra dividend after Telekom Romania sale to Orange

Published 12 Nov 2021 12:26 CET | Romania
OTE's board of directors announced that the dividend from the sale of Telekom Romania Communications will be paid to shareholders ...

OTE increases share buyback after sale of Telekom Romania

Published 27 Oct 2021 17:12 CET | Greece
OTE announced that following the disposal of its 54 percent stake in Telekom Romania Communications, the company's board approved ...

OTE board clears distribution of EUR 113 mln extraordinary dividends after sale of Telekom Romania stake

Published 15 Oct 2021 23:24 CET | Greece
OTE said its board of directors has approved the distribution of an extraordinary dividend totallling EUR 113.3 million, or EUR ...

Cosmote enters cooperation deal with Summetokhes 5G

Published 10 Sep 2021 09:48 CET | Greece
Cosmote entered into a cooperation agreement with Summetokhes 5G  (5G Holdings) to support and develop the new generation of ...

Nokia partners Greece's 5G Ventures

Published 27 Jul 2021 08:55 CET | Greece
5G Ventures entered a memorandum of partnership with Nokia as part of its broader strategy for the development of the 5G ...