Fiber to the x

PPC is stepping up to the challenge in the telecommunications market. According to sources from newmoney, it plans to launch a consumer product for fiber optic before the end of the year at highly competitive prices, aiming to aggressively enter the market and gain market share.

Türkiye has ranked second in Europe in fiber-optic cable infrastructure, with 18 million households subscribing to fiber, while France takes the lead, according to a report by the FTTH Council Europe.

Telecommunications firm OTE appears to have undertaken an initiative that will serve to increase the penetration of fiber-optic internet connections to the home (FTTH), having submitted the relevant proposal for approval to the National Telecommunications & Posts Commission (EETT).

German telecommunications giant Deutsche Telekom has given a vote of confidence in the Greek economy and its prospects.

As pointed out by Dominique Leroy, the member of Telekom's Board of Directors responsible for Europe, during a meeting with Greek reporters at this year's MWC in Barcelona, Telekom continues to steadily invest in Greece and its prospects through OTE Group.

Digital Governance Minister Dimitris Papastergiou said on Wednesday that 2024 will be a year in which procedures related to the services for citizens and businesses in their transactions with the state will be further simplified.

Listed telecom OTE on Thursday announced an increase in profitability, FTTH subscribers, as well as TV and mobile contract customers, for the third quarter of 2023.

However, it announced a drop in group EBITDA due to weaker business in Romania.

OTE's consolidated revenues were down 2.6% in the third quarter of 2023 to 881 million euros.

After five years and two governments, the contract for the development of optical fiber to the home (FTTH) in semi-urban and rural areas of the country has finally been signed.

OTE Group, the country's biggest telecoms operator, reported a 4.6% rise in first-quarter net profit thanks to cost containment and its growing Greek mobile business.

Net profit came in at 135.3 million euros, up from 129.4 million euros in the first quarter last year.

Türk Telekom, Turkey's prominent telecommunications company, racked up 15.8 billion Turkish Liras ($1.8 billion) in consolidated revenues in the first half of 2021, posting an annual increase of 19 percent, it said in a press release on Aug. 10.

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Greeks are showing little interest in the fiber optic internet connections being offered under the SuperFast BroadBand (SFBB) program.