The gradual free upgrade of fixed broadband internet speeds for COSMOTE residential and corporate subscribers begins, in areas where optical fiber has not yet reached homes and businesses and where this is technologically feasible. The upgrade is expected to be completed in 2022.
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COSMOTE fixed line subscribers, both residential and corporate, for whom the upgrade is technically possible, will be transferred to the next commercially available Internet, maintaining the same price. In particular, subscribers with an economic speed plan of up to 24Mbps, up to 50Mbps and up to 100Mbps, will be upgraded to speeds of up to 50Mbps, up to 100Mbps and up to 200Mbps respectively, without having to take any action and without any change in the duration of their contract or monthly fixed fee. The upgrade will be carried out depending on each connection either automatically and remotely, or in some cases after technical implementation and communication with the subscribers. Subscribers for whom the upgrade is possible will be informed, immediately after its completion, through their fixed line account, the My COSMOTE App and by text message (sms). More information at www.cosmote.gr/fiber.
The strategic decision of OTE Group to upgrade to the next commercially available speed for free was announced last December to the Prime Minister, Mr. Kyriakos Mitsotakis, by the CEO of Deutsche Telekom Group, Mr. Tim Höttges, and the Chairman and CEO of OTE Group, Mr. Michalis Tsamaz, at a meeting held at the Maximos Mansion.
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"The goal of the speed upgrade is to utilize the modern capabilities of the COSMOTE Fiber by a larger part of the population. Higher internetmean better everyday life and greater productivity in the modern digital world," said the Chief Marketing Officer Consumer Segment of OTE Group, Mr. Panagiotis Gavriilidis.
The development of FTTH
The fiber-to-the-home (FTTH) infrastructure of the COSMOTE Fiber network is growing dynamically. With a significant increase in total investments to over 3 billion euros by 2027, OTE Group is bringing FTTH to 3 million homes and businesses. By implementing this hugely important project, the Group will cover approximately 2/3 of Greece’s fiber-to-the-home lines, thus responding to current and future needs and creating new prospects for the country’s digital development. Today, FTTH lines in the COSMOTE Fiber network exceed 600,000, while by the end of 2022 they will reach approximately 1 million.
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"The creation of our FTTH network is in full swing, with optical fibers reaching thousands of homes and businesses every week, covering the needs of the coming decades and creating new prospects for the digital transformation of businesses. The initiatives of the OTE Group for the dynamic expansion of FTTH and the upgrade of speeds, strengthen the country's performance in international indicators regarding the penetration of fast internet", commented Mr. Gavriilidis.
