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Vodafone Greece: Investments of 1 billion euros until 2029 for stand alone 5G network


Vodafone Group CEO, Margherita Della Valle, discussed with the Prime Minister Kyriakos Mitsotakis the telecoms conditions at international level

Vodafone Greece is planning investments of 1 billion euros until 2029 for the development of the mobile telephony network (stand alone 5G) and the expansion of the fiber optic infrastructure to homes (FTTH), Vodafone Group CEO, Margherita Della Valle, said in a meeting with Prime Minister Kyriakos Mitsotakis, and the Minister of Digital Governance, Dimitris Papastergiou, at Megaros Mansion, in the presence of the president and CEO of Vodafone Greece, Haris Broumidis.

Della Valle also discussed with the prime minister the telecoms conditions at international level, the prospects of broadband connectivity for Europe, as well as the main challenges that should be faced in order to unleash the real potential of connectivity to strengthen the Greek economy and the effective coverage of the ever-increasing digital needs of society and businesses.

According to information, among the challenges mentioned were issues of competition, bureaucracy and taxes, however, in general, the discussion focused on the reforming steps that the country has taken and the agreement that exists for the telecommunications company to develop new projects in Greece.

“Vodafone is committed to Greece and we look forward to continuing to serve our customers in the best possible way,” Della Valle said amid recent reports related to the Group’s departure from Greece with the sale of its subsidiary.

“It is the first visit I have made as chief executive to a country other than the UK, where we are based, or Germany, which is our largest market. I chose to come to Greece because I think it could be a very interesting discussion. And I would like to share with you the outlook for investment in the country, as we see it,” she added.