RomTelecom plans EUR200m investment

15 Aug 2007

RomTelecom says it will invest EUR200 million (USD271 million) to upgrade its network infrastructure to improve internet services. The firm has spent EUR1.5 billion over the last eight years improving its voice services, local newspaper Nine o’Clock reports. It claimed 3.4 million wireline customers at the end of 2006, down from just under four million a year earlier.