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Wed, Oct

Telekom Plans €600 Million in Annual Greece Investment

Telekom Plans €600 Million in Annual Greece Investment

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Prime Minister Kyriakos Mitsotakis met with Telekom CEO Timotheus Höttges at the Maximos Mansion in Athens on Wednesday, with discussions focusing on the company’s investment plans in Greece, artificial intelligence and Europe’s digital future.

During the meeting, Höttges briefed the prime minister on the implementation of Telekom’s strategic investment plan in Greece, which amounts to €600 million annually, mainly for the expansion of fiber-optic and 5G networks.

Telekom’s investment plans in Greece

Höttges reaffirmed Telekom’s commitment to the Greek market and the group’s confidence in the prospects of the Greek economy.

Mitsotakis was briefed on the progress of the investment plan and discussed the company’s further contribution to Greece’s digital transformation, with the goal of establishing the country as a European leader in digitalization.

The investment program focuses primarily on expanding fiber-optic and 5G infrastructure.

AI and Europe’s digital sovereignty

Artificial intelligence and European digital sovereignty were also at the center of the discussion, with both described as issues of strategic importance for Greece and Europe.

Particular emphasis was

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