CVG Telecom focuses investment on underserved areas

30 Jan 2006

Venezuelan Guayana Corporation Telecom (CVG Telecom) has announced it will invest a total of USD237 million in 2006 to expand its fibre-optic network in areas not covered by privately-run operators in central and southern Venezuela. The telco also said it has received approval from regulator Conatel to install a network connecting 323 computer centres. CVG invested USD35 million in 2005.