FTTH (fiber-to-the-home) network coverage has surpassed 50%, yet actual usage remains around 15%.
Nonetheless, Greece has not closed the gap with other European Union nations.
According to Dimitris Papastergiou, the Minister of Digital Governance, in his comments to “N,” “we need to accelerate our efforts. While we lead in the growth rate of fiber optic connections, our initial progress has been slow.”
In certain areas—although still limited in comparison to the entire country—consumers may soon have access to multiple FTTH connection options.
George Stassis, Chairman and CEO of PPC, mentioned in a recent discussion with analysts after the first quarter results that the energy company plans to launch its FTTH service shortly.
He emphasized that PPC has no intentions of entering the mobile telecommunications sector and remarked on Greece’s struggles with FTTH penetration, stating, “We are the company that will pioneer this market, as seen in several European countries.”
As of the end of March, PPC had established 948,000 FTTH connections—five times the number from a year ago and nearly double since the end of 2022—with a target of reaching 1.5 million households and businesses by the end of 2025.
It remains to be seen how PPC’s entrance into the broadband sector will impact the telecommunications landscape.
OTE, along with other telecom providers, is analyzing various scenarios and preparing for the competitive environment introduced by PPC’s FTTH services.
In line with its goals, OTE had built 1.8 million FTTH lines by the end of March, aiming for 2.1 million by year-end and 3 million by 2027.
