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Economy

Slooooow Internet, But Greece Eyes Being Telecoms Data Hub Link

ATHENS – Greece has among the slowest and most expensive Internets in the European Union but Digital Governance Minister Dimitris Papastergiou said it aims to be a telecoms data hub tying together three continents.

While visiting Balkan Gata Thessaloniki, the largest data center in northern Greece in the country’s second largest city and port, he said there’s potential for more investors in Information Technology and High-Tech.

He said that Greece, which has lured a number of major players in those sectors wants to be a center for digital interconnection and is looking for public and private partnerships in the field.

“Balkan Gate Thessaloniki is a crucial project for the digital upgrade of our country and the strengthening of our presence in the digital economy of Southeast Europe,” he said as Greece tries to position itself.

In 2023,  New York’s Comtech Telecommunications successfully tested and validated 5G connectivity over a satellite network in a collaboration with Athens-based Cloud Signals.

That saw a commercial 5G node was connected to a mobile network operator’s (MNO) 5G testbed network and transmitted over a satellite link provided by Hellas Sat, according to Satellite Today.

In September 2022, cybersecurity company Surfshark, which provides Virtual Private Networks (VPNs), conducted a survey that found Greece’s fixed Internet to be the slowest in Europe and among the most expensive for relatively poor service.

The survey evaluated five criteria: Internet affordability, Internet quality, electronic infrastructure, electronic security, and electronic government, which the New Democracy government has been accelerating.

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