United Group plans to invest €2 billion in Greece up to 2027 in upgrading its telecom infrastructure.
Quoting a statement from the office of Prime Minister Kyriakos Mistotakis, Reuters adds that the company, which is owned by BC Partners, will install a 10Gbps fibre network serving 4.5 million customers.
Mistotakis, who met with United Group representatives in Athens, also said that he expected 2022 to be a record year for Greece in attracting foreign investment. Meanwhile, United Group CEO Victoriya Boklag said the company was seeking a long-term relationship with Greece.
Broadband TV News notes that United Group entered the Greek market in 2020 through the acquisition of the pay-TV operator Nova.
Since then, it has also bought Wind Hellas and it is now combining the two to create a converged operator that will be Greece’s second largest provider of both fixed and pay-TV services.
