4iG Group, Grid Telecom sign MoU
April 29, 2026
4iG IDI, a business unit of 4iG Group, and Grid Telecom – a wholly owned subsidiary of IPTO (Independent Power Transmission Operator) and a licensed wholesale telecommunications provider in Greece – have signed an MoU to exchange knowledge and best practices while pursuing joint development and operation of telco assets to enhance connectivity between Albania, Greece, and beyond.
The key focus of the discussions is the development of a high-capacity terrestrial optical fibre link between Albania and Greece. This initiative aims to create a resilient end-to-end digital corridor connecting both companies’ networks and enabling enhanced cross-border and international connectivity from the Mediterranean Sea to major European Points of Presence.
Furthermore, the MoU provides potential collaboration with additional strategic partners for the joint design, procurement, implementation, operation, and marketing of a new high-fiber-count subsea optical fiber cable system in the Adriatic and Mediterranean Seas. The MoU formalises the parties’ intention to continue forward-thinking discussions and provides a framework for their anticipated collaboration.
The Executive Chairman and General Director of Grid Telecom, Kostas Agathakis, commented: “Our collaboration with 4iG in building new complementary terrestrial and subsea telecommunications assets between Albania and the Greek mainland, extending to Crete and beyond, will support the implementation of a new digital corridor, extending eastwards to the Middle East, and westwards to major European destinations. Moreover, it will enhance the strategic role of Greece as a regional open-access interconnection node in the Eastern Mediterranean and the Balkans”.
László Blénessy, Vice Chairman responsible for International Digital Infrastructure at 4iG, added: “This MoU with Grid Telecom represents a significant step forward in strengthening regional digital connectivity. By combining our complementary infrastructure and expertise, we aim to deliver resilient high-capacity links that will support businesses and economic growth across the region.”
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