By Fotis Fotinos
The Greek telecommunications market is characterized by a great contrast: The difference in performance between mobile and fixed telephony.
The following figures are revealing: According to Ookla’s independent measurement body Speedext Global Index, in June Greece ranked 29th worldwide in the average mobile internet connection speed, surpassing countries such as Germany, the United Kingdom and Japan.
On the contrary, according to the same body, Greece ranked 91st worldwide in the average internet connection speed via fixed telephony, with countries such as Albania, Jamaica and Peru in higher positions.
Specifically, with an average performance of 58.81 Mbps in Download, 13.21 Mbps in Upload and 22 ms latency, Greece has satisfactory quality in broadband connections through mobile networks, while its network is among the 10 best in the European Union .
As the Union of Mobile Telephony Companies (EEKT) has pointed out in the past, these speeds improve, at intervals, with the expansion of the coverage of 5G networks and the preparation that is made to welcome tourist traffic.
By carrier, COSMOTE has announced that, by the end of the year, it will increase nationwide 5G population coverage to 80% and in Athens and Thessaloniki to almost 100%. Accordingly, Vodafone seeks to expand population coverage of 5G to 44%, with a target of 90% in 2025.
Fixed line performance
Accordingly, with an average performance of 37.15 Mbps in Download, 5.35 Mbps in Upload and 14 ms delay (latency), Greece does not have satisfactory quality in broadband connections through fixed telephony networks, with countries such as Uruguay, Colombia and Vietnam to overcome it.
On the other hand, Greece seems to be gradually covering “ground”, as new generation connections that utilize partly or exclusively fiber are becoming increasingly available.
Now, the trend is evident: “Cancellation” of copper networks and transition to optical fiber networks, even if this transition will take several years.
Overall, a major fiber installation program has been announced in Greece and, by 2027, it is estimated that fiber will be in 4.8 million landline lines.
The 3 million lines will be covered by OTE, through the 3 billion euro investment program, over 1 million lines from Vodafone (Vodafone has announced 800,000 lines by 2025) and Wind – NOVA and about 800,000 from the program Ultra Fast Broadband PPP, with the project assigned to OTE (3 areas) and Grid Telekom, a subsidiary of ADMIE (4 areas).
Finally, PPC has also announced that it aims to install aerial optical fibers in 3 million households in almost 5 years.
Source: Capital
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
