Crete is dynamically included in the international broadband maps, as Grid Telecom proceeds to the naming of the fiber optic cables that connect the island with the mainland, through the electrical interconnections with Peloponnese and Attica.
With this move, which is of a strategic nature and is in line with international good practices, the IPTO subsidiary expands the possibilities of commercial exploitation of its state-of-the-art telecommunications infrastructure. At the same time, with the increase of the “visibility” of the cables, the position of Crete in the submarine telecommunication corridors, which pass through the Mediterranean, is significantly strengthened.
The dual fiber optic cable system that connects Crete with the Peloponnese and is already in operation, has received the names MINOAS-EAST and MINOAS-WEST. Respectively, the double fiber optic cable system that was recently installed between Pachi Megaron and Heraklion, in the context of the construction of the Crete-Attica electrical interconnection, has been named APOLLO-EAST and APOLLO-WEST.
By utilizing the 940 km long fiber optic cables that connect Crete with the broadband networks of mainland Greece – and consequently of Europe – the IPTO subsidiary adds a capacity of hundreds of Tbps for data transfer, through four alternative geographical routes.
In this way, Grid Telecom further consolidates its position as one of the main neutral providers of wholesale telecommunications services in Greece, creating the bases for the development of digital infrastructure of strategic importance in Crete.
The Director of Grid Telecom, Mr. George Psyrris, stated in this regard:
“Our initiative to give fiber optics internationally recognizable names, inspired by Greek mythology, will significantly expand the scope for their commercial use, attracting new business partnerships of our Company with telecommunications organizations inside and outside Greece. Grid Telecom, through an extensive optical network of high availability and reliability that currently exceeds 4,000 km, is constantly developing new alternative routes with the island country and neighboring countries, steadily strengthening its position in the wholesale telecommunications market.”
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
NielsenIQ: 3% Supermarket Revenue Increase in Q1
Private label products are gaining traction, comprising 25.4% of shopping basket shares, up from 24.7%
Store Hours Change Today in Observation of Orthodox Easter
The President of the Athens Chamber of Commerce hopes the Easter period will provide a much-needed boost to retail traffic in the capital
Athens-area Mass Transit Systems Set to Finally Install Contact-less Fare Payment
Paying fares via bank cards, smartphones and smartwatches in all mass transit systems in the Greek capital, namely, buses, trolleys, the metro and tram lines, is scheduled by the end of the year
Council of State Rejects Motion Against Thessaloniki Motorway Project
The motion was filed earlier this month by three local citizens’ and environmental groups and generated a high court decision for a temporary stay in construction
Greek 30Y Bond Issue Oversubscribed by 11 Times
Very high demand pushed down the coupon's interest rate to 4.125%
Athens Int’l Airport Wins Top Prize at Routes Europe Awards
The Routes business is focused entirely on aviation route development and the company's portfolio includes events, media and online businesses
IOBE: Income Gap Between Poor and Wealthy Greeks Widens
The findings in the analysis, entitled “Progressivity in Income Taxation in Greece, 2012-2021", paint a bleak picture for Greeks in the bottom half of the income bracket, warning that income inequality is growing
Study Finds 4 in 10 Greeks to Slash Easter Spending
This year, hit by persistent inflation, many Greeks will be dishing out less on food, drink and gifts for Orthodox Easter on May 5
ELSTAT: Overnight Stays in Greece Up in Feb.
The provisional monthly data revealed that arrivals at tourist accommodations amounted to 773,104 and overnight stays were 1,677,685
Electric Energy: Greece’s New Sustainable Export
Moreover, a surplus of generated electricity cannot be fully absorbed by domestic grids and this excess power finds eager buyers in the form of companies entering into Power Purchase Agreements (PPAs), willing to pay a premium for clean energy
