United Group is creating the biggest fiber optic community in Southeast Europe and merging belongings into one firm – 2024-06-05 03:35:58

by times news cr

2024-06-05 03:35:58

  • United Fiber owns 60,000 km of optical community in 4 EU nations: Greece, Bulgaria, Croatia and Slovenia.
  • The most recent era high-speed networks attain 3.6 million households and join Europe with the Center East and Asia, assembly the excessive market demand for high-capacity cross-country connectivity.
  • This can be a strategic transfer, according to the development and give attention to the expansion and building of optical networks and infrastructures.
  • United Group has launched an bold venture to construct direct fiber optic cable connectivity between Athens and Thessaloniki, as a part of United Fiber Greece. United Fiber’s funding plan is €450 million (2024-2028).
  • Infrastructure wholesale actions are carried out by UGI.

Following the profitable institution of United Fiber in Greece in 2021, United Group continued to consolidate its portfolio of infrastructure belongings within the EU (Bulgaria, Croatia and Slovenia) below the United Fiber model.

With the registration of the newly created firm in Slovenia in March 2024, to be adopted by Bulgaria and Croatia by the tip of this yr, the Group is targeted on additional accelerating and strengthening its investments in these vital areas. Newest era high-speed networks join Europe with the Center East and Asia, responding to market demand for high-capacity connectivity within the Group’s key nations.

Extremely-fast and dependable web meets the excessive demand from finish customers and enterprise clients in South East Europe.

Zelko BatistichVice President of Expertise at United Group: “At United Group, we all know construct and deploy state-of-the-art fastened networks and infrastructures. In 2000, we began in Serbia and twenty years later we personal the biggest optical community in South-Japanese Europe. Solely within the 4 EU nations – Greece, Bulgaria, Croatia and Slovenia – United Group owns 60,000 km help community. Our state-of-the-art high-speed community in these markets reaches 3.6 million households. We’re at the moment implementing our plan to offer connectivity to 475,000 new households in 2024, and can proceed on the similar tempo within the years to come back. Our imaginative and prescient is to turn into the corporate of selection for each particular person and enterprise clients, and the popular associate for the general public sector and to assist digitize and develop nations. Combining the funding with the brand new community building actions at United Fiber will enable us to broaden additional, creating synergies that may take our funding capabilities to the following stage. Because of our devoted groups of technical, help and gross sales consultants, we’ll provide even higher service to our clients.”

United Fiber Greece has an vital position within the implementation of the Group’s infrastructure improvement technique. The corporate was in a position to speed up its progress in Greece by rising the protection of its personal fiber optic (FTTH) community (in comparison with 8% nationwide), providing ultra-fast connectivity.

IN Bulgaria The group owns the biggest optical community within the nation, reaching as much as 50% of all households, and has a plan to broaden it to 67% by 2028.

IN Croatia about 80,000 households are added every year, with the aim of reaching 40% of all households within the nation by 2028. IN Slovenia The group owns the second largest high-speed community, masking round 50% of all households within the nation.

A brand new infrastructure venture by United Fiber, which envisages the deployment of a terrestrial cable connecting Athens with Thessaloniki, in addition to Southeast Europe with key factors in Western Europe. The venture, which is scheduled to be accomplished in 2025, will strengthen present hyperlinks with Turkey and the Center East, strengthening the present hyperlink with Bulgaria, and can help plans for an undersea cable within the Aegean Sea between Greece and Turkey.

All of United Group’s wholesale enterprise, together with voice, knowledge, cellular and roaming, is dealt with by UGI. Simply three years after its launch, UGI has managed to draw a number of the largest connectivity and know-how suppliers to decide on United Group to offer the infrastructure and connectivity they want within the area. UGI can also be answerable for gross sales on the Athens – Thessaloniki route.

Paolo Ficini, CEO of UGI: “With the creation of this fully new route, United Group has tangibly demonstrated its dedication to turn into the biggest supplier of optical networks in Southeast Europe, rising competitiveness, creating new funding alternatives and accelerating the digital transformation of all events concerned.” The venture will reply to rising demand because of important funding in new knowledge facilities within the area, in addition to new submarine cables on the southern border in Greece.”

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