Oni to invest €30M over 3 years

 In Companies, News, Telecoms

The telecoms company is to invest €30 million over the net three years in Portugal. The announcement was made by the company’s CEO Nuno Saraiva on Wednesday.

Nuno Saraiva told ECO Online “This year we will roll out our investment in deploying the latest generation XGS-PON network which will permit debits of up to 10 GB per second symmetrically without any kind of restrictions.
XGS-PON is an updated standard for Passive Optical Networks (PON) that can support higher speed 10 Gbps symmetrical data transfer and is part of the family of standards known as Gigabit-capable PON, or G-PON. G-PON stands for Gigabit PON or 1 Gigabit PON. The “X” in XGS represents the number 10, and the letter “S” stands for symmetrical, XGS-PON = 10 Gigabit Symmetrical PON. An earlier, non-symmetrical 10 Gigabit PON version (XG-PON) was limited to 2.5 Gbps in the upstream direction.
PON technology originated in the 1990s and has continued to develop through multiple iterations with differing wavelengths, speeds and components emerging as the technology has improved.
The common denominator of all fibre optic PON networks remains the unpowered or passive state of the fibre and its splitting or combining components, i.e., no active elements such as optical amplifiers, which would require power, are present in the network. With streaming, high definition, 5G and other emerging technologies continually pushing bandwidth demands, the development of XGS-PON and other standards has proven to be essential.
Oni also announced a “unique supply of 10 Gigabits per second loyalty-free exclusively for company clients at a never before seen service quality and price.
The operator has not published the number of companies which are on its books, but has “aways been focused on medium and large companies, as well as the operators’ sector”, stresses Nuno Saraiva.
“We have a lot of international operators that are our clients, but corporate clients are our usual customers, and now we want to offer the same kind of quality service to the SME sector,” he said.
ONI is a Portuguese telecoms sector company that operates exclusively in the business-to-business and it clients include Portuguese and international companies, public entities, and international telecommunications companies. It was founded in 1998.