The investments of telecommunication service providers in Greece in the following years were mentioned by Minister of Digital Governance, Dimitris Papastergiou
The minister responded to a topical question submitted to the Hellenic Parliament by the Member of Parliament for Dodecanese George Nikitiadis on "Price Increases in Telecommunications».
Overall, the companies' investments are expected to exceed the 4 billion euros in the next two years. Referring to a meeting held recently between the political leadership of the Ministry of Digital Governance and the representatives of the providers, Dimitris Papastergiou emphasized that by 2026 the companies committed to the implementation of Fiber to the Home lines as follows: h Vodafone Greece will have materialized 850.000 FTTH linesThe Cosmote 3.100.000The PPC 1.300.000 and Nova 1.000.000.
Through "Smart Readiness", of a program that is already being implemented, are financed 120.000 buildings to create structured fiber optic cabling. The total cost of the program amounts to 100.000.000 euro. Via Gigabit voucher, which is in the legislative process, the cost of upgrading a simple connection to broadband over 250 Mbps for 400.000 subscribers, with a total subsidy cost of 80.000.000 euro.
From the above one realizes that in 2024 the situation in relation to the penetration of broadband in our lives will change drastically., he said.
Also, the Minister of Digital Governance, Dimitris Papastergiou, reported that the Cosmote officially announced that it intends to proceed with reductions in wholesale prices up to 28%, while the new wholesale player which is the DEH has also committed to corresponding reductions.
«So, not only are prices not increasing, but this practice is expected to bring reductions in retail prices, i.e. those that reach the consumer", He emphasized characteristically.
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