Greece’s Wind Hellas has set up a subsidiary named Hellenic Openfiber.
According to Ekathimerini, it will undertake the design, implementation, maintenance, operation and utilisation of the active equipment of the NGA network – the passive equipment (infrastructure and fibre-optics) and the core, distribution and access networks.
It adds that new company will offer wholesale services exclusively to licensed suppliers of electronic communication (Cosmote, Vodafone, Wind and Nova), aiming to accelerate the construction of FTTC and FTTH networks.
Hellenic Optifiber will have a share capital of €69.9 million and estimated assets of €54.3 million.
As previously reported by Broadband TV News, Wind Hellas is in the process of being acquired by United Group, with the transaction expected to be completed in 2022.
