Invitel, Vodafone ink cooperation pact

Hungarian alternative telco Invitel has signed a cooperation agreement with the country’s third largest mobile network operator Vodafone to sell subscriptions to the latter’s services to customers in its franchise areas. As a result of the tie-up Vodafone hopes to leverage its presence in areas where Invitel has a well established position, while the fixed line telco hopes to boost revenues from corporate subscribers through the addition of the new services.