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Press release

Grid Telecom & Vodafone Greece: Signing of an agreement for the mutual exchange and concession of the use of fiber optic networks

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Η Grid Telecom and Vodafone Greece announce the signing of a duration framework agreement 20-year-old on the subject of mutual exchange and concession of their use fiber optic networks of the two companies.


Η The agreement will allow the two parties to utilize further parts of the backbone network to offer even more options to their customers and to support new investments in digital infrastructure.

For the Grid Telecom, the new cooperation is another decisive step for the optimal utilization of the broadband infrastructure that it develops through the Transmission System. According to its planning, the 100% subsidiary of IPTO will make services available in 2021 ultra high capacities between major urban centers of the country, through the telecommunication technology network DWDM that develops.

For the Vodafone Greece, access to its network Grid Telecom will accelerate the implementation of the new investment program of 600 million euros which includes the creation of modern digital services and infrastructure throughout Greece, with new generation networks, such as 5G, FTTH and two submarine cables in Aegean and Ionian, Respectively.

Ο George Psyrris, Director of Grid Telecom, stated in this regard:

The conclusion of an agreement with Vodafone Greece further strengthens Grid Telecom's position in the domestic wholesale telecommunications market. The Company's fiber optic network currently exceeds 4.000 km and is expected to double in the coming years in parallel with the expansion of the electrical interconnections implemented by IPTO in mainland and -mainly- island Greece. Focused on its business planning, Grid Telecom is building a reliable, high-availability backbone network that will actively contribute to the digital transformation of the country.

O Nicolae Vilceanu, its Network Manager Vodafone Greece said:

Our agreement with Grid Telecom helps us to make even better use of the investments we have made, but also to utilize a new network, which will allow us to accelerate our investment program and offer even better services to our customers. We innovate, implementing openness policies and promoting "smart" solutions, which contribute to the development of Greece's digital economy and lead to significant environmental savings.

Press Release


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