Superfast broadband is an investment opportunity for Greece
November 22, 2012 | Tim Johnson
One of the European Union’s most ambitious targets is to make sure that all its citizens can get access to superfast broadband at home, if they choose, by 2020. A new study by broadband specialists Point Topic shows that Greece has started on that road, with 4% of homes having access to superfast broadband if they choose. This means that 4% of Greek homes can subscribe to superfast broadband services delivering at least 30Mbps (megabits per second) of bandwidth.
Greece has been successful in delivering basic broadband services to a high proportion of homes in a rugged country. It is ahead of European averages for basic broadband coverage for the country as a whole and for its rural areas. It also has above average coverage of HSPA, the 3G mobile broadband technology. But the low level of superfast coverage to date and the lack of competition between alternative technologies creates an interesting opportunity for investment.
The study which reveals this data has been produced for DG Connect, the department of the European Commission which is responsible for its “Digital Agenda” strategy. The purpose of the Digital Agenda is to harness the internet and other digital technologies to drive sustainable economic growth. Neelie Kroes, the Commission vice-president responsible, wants to see €7 billion earmarked for EU investments in broadband to help reach Digital Agenda targets, which in turn is meant to draw in private funds of many times that amount.
“This study gives us the best view so far of where action is needed on broadband coverage,” says Neelie Kroes. “It will help to guide decisions on where EU and private money can be invested to provide the best long-term return for taxpayers and investors such as pension funds.”
Called Broadband Coverage in Europe in 2011, the new study shows that 99% of the homes in Greece can now get basic broadband, meaning services offering at least 144kbps (kilobits per second), if they want to subscribe. As yet, only 4% can get superfast broadband, also known as NGA, for Next Generation Access. Looking at the 29 study countries as a whole (all 27 members of the EU, plus Norway and Iceland), 96% can already get basic broadband and over 50% – half way to the “digital heaven” target for 2020 – can get superfast.
Basic broadband is fairly widespread now, only three EU countries have less than 90% coverage. But there are huge variations in superfast availability both internationally and within countries. As far as Greece is concerned, the map shows that the early superfast rollout is mostly concentrated in the north-east of the country, with some availability also in the Athens region.
“Greece has got good basic broadband coverage through the telephone network but it doesn’t have any alternative networks such as cable TV or FTTP,” explains Tim Johnson, who led the project as Point Topic’s Chief Analyst. “This limits its options for superfast services, so broadband networks could be one area where investment in Greece could show a profit in the long term,” says Johnson.
Key to technologies
DSL – provides broadband speeds up to 24 megabits per second over the telephone network
VDSL (Very-fast DSL) – provides superfast speeds (30Mbps or more) over the telephone network
FTTP (fibre-to-the-premises) – delivers the fastest possible broadband over optical fibre to apartment blocks or all the way to individual homes
WiMAX – the up-to-date standard for broadband over wireless links to fixed aerials
Standard cable – provides broadband over cable TV networks using older standards
Docsis 3 cable – the up-to-date standard for providing superfast broadband over cable TV networks
HSPA – the up-to-date standard for mobile broadband over 3G networks
LTE – the new standard for fourth-generation (4G) mobile broadband
Satellite – two-way broadband delivered over the newest satellites using KA-Band technology
Standard combination – shows the combined coverage of all the fixed-line broadband technologies
NGA combination – shows the combined c overage of all the fixed-line superfast broadband technologies (VDSL, FTTP and Docsis 3)
About Point Topic
Point Topic is the primary websource for DSL, FTTx, cable and other broadband supplier and user statistics, databases, information and reports. Its data is in use worldwide amongst governments, commercial organisations and as general reference. A range of online services provides the most up-to-date, accurate and cost effective worldwide and UK specific broadband data sets available.