Grid Telecom, a subsidiary of the Independent Electricity Transmission Operator (ADMIE) and Lamda Hellix, a subsidiary of Digital Realty, have announced the expansion of their cooperation in Crete.
As pointed out in the relevant announcement, the two companies are coordinating their investments aimed at developing the island into a strong telecommunications hub between Europe, Africa and Asia.
Read also: Lamda Hellix’s new data center in Crete is an investment magnet
The two companies have launched a series of investments concerning intercontinental, regional and national submarine cable systems that will be shored οn Crete.
Following these, Lamda Hellix recently announced its plans to develop the first neutral Data Center named HER1 in Heraklion, which will be able to host these cable systems and allow interconnection between them, as well as with other telecommunications systems.
The new Data Center is an important part of Digital Realty’s integrated Mediterranean strategy, alongside the operation of existing centers in Marseille and Athens and others under development in Barcelona and Israel.
HER1 is expected to support the development of up to 6.5 megawatts (MW) of installed IT load, with the first phase scheduled for completion in 2025. It will be deployed within the Heraklion Industrial Area, as an optimal location with existing telecommunications infrastructure that can facilitate connectivity to existing land and subsea networks. Due to its proximity to the coast, it will also serve as a cable station for sealing submarine systems in the Heraklion area.
Grid Telecom, as stated in the relevant announcement, already offers multiple optical connectivity between Crete and mainland Greece. The ADMIE subsidiary adds hundreds of terabytes (TBps) of capacity, via the MINOAS East-West and APOLLO East-West undersea cable systems, providing four geographically alternative routes to mainland Greece with a total of 96 fiber pairs.
In addition, Grid Telecom announced its plans to develop an open access cable station on the southern side of Crete, which will act as a reception point for new subsea systems crossing the Eastern Mediterranean and will offer technical support and maintenance services at the level of infrastructure and operational applications . As part of the project, Grid Telecom will provide low data transmission delay and high reliability connectivity, through alternative fiber optic routes, to existing and new Data Centers in Crete, mainland Greece and neighboring countries, leveraging its potential as a neutral regional hub data.
Leveraging its network infrastructure in Italy, the Balkans and Central Europe, Grid Telecom has also developed the DWDM optical network, providing ultra-high-speed services, as well as co-location to ADMIE’s protected substation infrastructure throughout Greece.
Lamda Hellix and Grid Telecom’s investments are largely complementary.
For this reason, the two companies, which already cooperate for the Data Centers of Lamda Hellix in Athens, signed a Memorandum of Understanding that extends their strategic cooperation to the Data Center of Heraklion, where Grid Telecom also intends to install a high capacity point of presence.
Latest News
Bank of Greece Governor Says EU will Retaliate to Trump’s Tarrifs
The Bank of Greece Governor defended the independence of central banks amid criticism from U.S. President-elect Donald Trump, who had publicly commented on Federal Reserve Chair Jerome Powel
September in Greece Winning Tourists Over from US, Germany
Tourists continue to visit Greece off-season into Sept. with the number of inbound travelers up by 6.6% and a 7.9% rise in travel receipts.
Bitcoin Surges Toward $100K Amid Pro-Crypto Optimism in US
According to Reuters, the cryptocurrency surged to an all-time high, briefly exceeding $96,898 during Asian trading hours.
Greek Driver Violations at a Touch of a Button
Traffic offences recorded in the last five years by Greece’s “Driver Behavior Control System” are now available on Gov.gr Wallet
Milan Tops List of Most Expensive Streets, Athens’ Ermou Holds Steady at 15th Place
In Athens, following Ermou Street is the southern suburb of Glyfada and Tsimiski Street in Thessaloniki.
New Gov.gr Service Enables Secure Reporting of Minor-Related Delinquency
It should also be noted that via the recently introduced initiative ‘Safe Youth’ application citizens have access to specially tailored informative material regarding the safety of children and adolescents
Thousands Strike in Athens Over Soaring Living Costs and Stagnant Wages
Inflation, particularly in food prices, has been crushing Greek households
Greece Overhauls Property Valuation System
Greece plans to launch a revamped property value registry in 2025 and overhaul the way objective values are calculated to enhance tax revenue and improve transparency.
Greece’s New Tax Bill Foresees Tax Relief Beyond Big Business
Tax relief measures in Greece are proposed for freelancers, property owners and farmers, along with 'big business'
Unions Call Nationwide Industrial Strike for Wed.
Mass transits are usually affected, especially in the greater Athens-Piraeus area, although bus and metro services are curtailed but not fully halted