By Symela Touchtidou, @stouchtidou
On October 30, Greece’s telecoms regulator, Hellenic Telecommunications and Post Commission (EETT), launched a tender for frequencies in the 700 MHz, 2 GHz, 3400-3800 MHz and 26 GHz bands.
These are the frequencies allocated for the country’s next generation telecommunication networks, the 5G networks.
Two elements differentiate the process in Greece from other European countries:
- the low price for leasing the frequencies and
- the fund called Phaistos that will be financed partly by the auction money. The Phaistos fund will finance startup companies in the 5G technology field.
The Greek Ministry of Digital Development says the first 5G networks will be available for consumer use in early 2021.
60% of Greece’s territory is expected to be covered by 5G networks in the next three years. 94% in the next six years.
Healthcare and educational institutions are expected to be the first to use the new network.
Will it be uneventful?
Hard to tell. 5G networks cause controversy and dispute in communities all over the world. Many express concerns over the dense mast network they require to operate and its possible consequences on public health.
In Greece, in 2019, three cities were chosen to host the first, pilot 5G networks:
- Trikala (in Thessaly),
- Zografou (in Attiki) and
- Kalamata (in the Peloponnese).
None did particularly well.
To find out the whole story, buy the Greek Business File November-December 2020 issue