The green light for the development project in the telecommunications market was approved last night by the Board of Directors of PPC.
Specifically, the Board of Directors of PPC approved the term sheet with the banks for the development project in the market. The Board also approved the launch of the first pilot program in Peristeri.
The next step will be to announce tenders for the installation of a fiber optic network throughout the company’s distribution network. It is noted that the aerial electricity distribution network of the company, where the installation of fiber optics is planned, reaches a length of 242 thousand kilometers. Based on the planning, PPC will build the fiber optic network, which will then lease to the telecommunications providers.
According to the business plan presented by the company’s management, PPC expects revenues of 120 million euros from the opening in the telecommunications market.
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Source From: Capital
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