Greek telco Cosmote has launched its first commercial fibre-to-the-home (FTTH) services. The firm is looking to roll out FTTH infrastructure past some 150,000 premises by the end of this year and one million households by 2022, raising peak internet speeds from 200Mbps at present to 1Gbps. Cosmote, which is part of the Deutsche Telekom-backed OTE Group, currently provides broadband access using a combination of fibre-to-the-cabinet (FTTC) and VDSL2 Vectoring technologies. According to a report from Reuters, the operator has spent EUR2 billion (USD2.3 billion) over the last six years rolling out 43,000km of fibre to support its FTTC/VDSL services.
As reported by CommsUpdate last month, the Greek government is offering to subsidise FTTH connectivity for low-income households, providing a EUR13 subsidy towards the estimated monthly cost of EUR40-EUR46, as well as a one-off EUR48 payment to cover initial equipment costs.