The project is one of Europe’s largest public-private partnerships, with a budget of €700 million.
Greece’s Minister of Electronic Governance, Kyriakos Pierrakakis, has opened the tender process for the provision of ultra-fast broadband (UFBB) services.
The total budget is €700 million, of which €300 million is from public funds: €265 million in funding from the European Regional Development Fund (ERDF) and the Operational Program Competitiveness, Entrepreneurship, Innovation 2014-2020; €35 million comes from the European Agricultural Fund for Rural Development (EAFRD) and the Rural Development Programme (RDP) 2014-2020.
The project is spread over 20 years with the first three years for the development of the network infrastructure, and the rest to operate and provide services.
The UFBB project plans to provide high-bandwidth broadband services for approximately 2,400,000 residents.
The total number of targeted active lines is about 812,155, which includes areas not covered by private investment plans of telecom providers.
At least 98% of the active population will be provided with two categories of broadband services in regions where UFBB infrastructures are deployed, namely:
• Class A of at least 100Mbps, upgradeable to 1Gbps, about 750,000 lines, as per with the guidelines of the European Union’s Connecting for a European Gigabit Society scheme.
• Class B – at least 100Mbps.
There is more information here.