CETIN, a telecommunications infrastructure group in the Czech Republic, has announced hitting a milestone of one million households connected to its high-speed fibre broadband.
The Czech telecommunications company that is part of PPF Group, an international investment group majority-owned by Czech billionaire Petr Kellner said in a press release that most CETIN connections currently achieve speeds of 50 Mbps and 100 Mbps. Connection speeds of 250 Mbps are also available, as well as pure fibre-optic (FTTH) connections of 1 Gbps.
Since its inception in 2015, CETIN has invested more than CZK 8 billion in modernising connections on the fixed network.
CETIN CEO Martin Škop, said: “We are ready to develop our infrastructure further and to provide users with top quality services for work, school, and entertainment, thereby contributing to the development of the digital economy in the Czech Republic.”
The PPF group was the first in Europe to come up with the idea of separating telecom infrastructure from services for consumers. CETIN was spun off from O2 as a purely wholesale infrastructure company providing services to all operators on the telecoms market.
“Splitting O2 into two companies, to create an operator and an infrastructure company created the right conditions for the technology-oriented CETIN to invest in developing the infrastructure. The numbers show that this was the right decision strategically. In the period immediately following PPF Group’s acquisition of the operator, our fixed network provided average connection speeds of just 22 Mbps. Today the average is 115 Mbps, so more than five times as fast," Martin added.
By the end of 2027, CETIN plans to have a million FTTH optical connections in place.