ZTE to build €500m fibre network for Greece’s Forthnet

15 May 2017
227 Views

Seven-year deal signed in Beijing in presence of Greek prime minister to build nationwide fibre network FacebookTwitterLinkedInGoogle+EmailPrint Greek prime minister Alexis Tsipras has announced a €500 million project for three Chinese vendors to build a Greece-wide fibre network for telecoms and internet provider Forthnet, according to globaltelecomsbusiness.

Tsipras made the announcement this weekend in Beijing at China’s Belt and Road Forum, where the country announced global cooperation plans to build links to Europe. The three companies involved in building the network are ZTE, which already has a cooperation agreement with Forthnet, plus KaiXinRong and Shanghai Gongbao Business Consulting. Forthnet chairman Panos Papadopoulos told the Athens Macedonian News Agency: “The discussions started last year and it took us about a year to conclude them and get to sign the agreement today. ZTE is Forthnet’s technology partner and its role is important as it is a global company that opens the 21st century telecommunication road for Greece.

” The three companies will spend €350 million over the next three years with the other €150 million over the following four, said Forthnet. Forthnet and ZTE signed the contract in Beijing in the presence of Tsipras and Greece’s digital policy minister Nikos Pappas. No details have yet been released about the coverage of the network.

You may be interested

Syros: Greek tradition & western influence come to a harmonious marriage
GREECE
shares55 views
GREECE
shares55 views

Syros: Greek tradition & western influence come to a harmonious marriage

Panos - Oct 20, 2017

Ermoúpoli (meaning “the city of Hermes”) is the island’s capital town and has been the first important trade and industrial…

Environment may have partially led to the fall of Queen Cleopatra, research suggests
WORLD
shares60 views
WORLD
shares60 views

Environment may have partially led to the fall of Queen Cleopatra, research suggests

Panos - Oct 20, 2017

Environmental records and historic documents suggest a volcanic eruption could have aided the Romans in victory According to a report…

Greek astronomer in Germany discovers spindle-like galaxies
GREECE
shares58 views
GREECE
shares58 views

Greek astronomer in Germany discovers spindle-like galaxies

Panos - Oct 20, 2017

Athanasia Tatsi is another Greek scientist at the forefront of global scientific research this time in the field of Astronomy.…

Leave a Comment

Your email address will not be published.