PPC FiberGrid, a subsidiary of Greece’s largest power supplier, PPC, responsible for the development and supply of a nationwide fiber optic network to homes, announced its plans to build optical fibers reaching 1.7 million households and businesses by 2025.

With PPC FiberGrid to the Home network already reaching 140,000 homes in 12 municipalities in Attica within just 10 months, the company has announced a call to tender to 12 sub-contractors for the construction of Fiber to the Home network in additional areas in Attica, as well as in Thessaloniki, Patras, Heraklion, Volos, Kalamata, Larissa, Ioannina, Corinth, Trikala, Kozani, Veria, and Megalopoli.

The areas have been selected based on factors, such as population coverage and the lack of Fiber to the home (FTTH) infrastructure.

The company aims to have the FTTH network reach 500,000 households and businesses by the end of 2024 and 1.7 million by 2025 in the regions above.

PPC FiberGrid intends to offer the new network through wholesale in two ways. The first involves providing wholesale bitstream services with speeds of up to 10 Gbps. The second is by offering dark fiber services, allowing each provider to offer its end customers whatever services they desire.

Overall, the DEI Group’s objective is to provide optical fiber coverage to 3 million households and businesses nationwide within the next five years, with investments for the period 2024-2026 estimated to be around 680 million euros.

The Deputy CEO of PPC S.A., and Vice President of PPC FiberGrid, Alexandros Paterakis, stated: “Our vision is a digital society, accessible and open to all, which will contribute to and accelerate social and economic progress. We aim to provide telecommunications providers with a modern and reliable network of passive and active optical fiber access to homes, businesses, and public organizations.”

The company aims to ensure ultra-high-speed broadband to contribute to the country’s digital transition, changing the end-consumer experience, in line with the EU’s Gigabit Society targets.