Gagnaveita Reykjavikur's network is rapidly expanding its footprint. In addition to its leading position in the residential segment, Gagnaveita Reykjavikur is expanding into the enterprise sector to connect more businesses, government buildings, and organizations to fiber optics. This makes Iceland a prime location for launching IoT, Smart Cities, and Smart Communities.
Erling Gudmundsson, CEO of Gagnaveita Reykjavikur:
"We are proud of what we have established in the FTTH market and to see our investments in strengthening Iceland's position in fiber optic broadband paying off. Our collaboration with Genexis has been instrumental in this achievement, specifically due to their personal approach and focus on a long-term relationship."
"As a pioneer in fiber optic deployment in Europe, Genexis is delighted to partner with Gagnaveita, which has transformed Iceland's digital communications infrastructure by providing a truly open-access fiber optic network to its citizens. This has opened up significant opportunities for 1 Gig fiber optic services – in both the residential and business segments – and is therefore a strong partnership in which Genexis will continue to invest," said Gerlas van den Hoven, CEO of Genexis.
Gagnaveita Reykjavikur has been promoting high-speed internet connectivity through fiber optic networks in Iceland's capital for over 10 years. This has been achieved by building and operating one of
the world's most advanced and unique open-access fiber optic networks using Genexis residential gateways.
Facts about the deployment of fiber optics in Iceland:
• 100% FTTH connections already in place in Reykjavik city
• 100% FTTH connectivity to surrounding cities by 2018
• Seven active service providers on the Gagnaveita network
• Upgradeable to 10 Gigabit if required
• Single-mode fiber point-to-point architecture
• Multiple service providers use the network, offering standard symmetrical services averaging 1000 Mbps to homeowners
