Romtelecom to spend 500m euro on network upgrade

Romanian incumbent telco Romtelecom has announced it plans to invest some 500m euros in upgrading its infrastructure over the next three years. Romtelecom has already awarded contracts to Ericsson and Alcatel for the supply of equipment to build a nationwide next generation network (NGN). The upgrade will allow Romtelecom to provide high-speed internet access, and new voice and data services, including video and audio applications.

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