Crnogorski Telekom to invest EUR 2.3 million in network modernisation
29.04.2009
Crnogorski Telekom, Montenegrin market leader in the telecom sector, is set to invest EUR 2.3 million in the modernisation of its network, stated the company's CEO Slavoljub Popadic.
Most of the funds will be used for the expansion of broadband network in the cities along the coast – Herceg, Novi, Budva and Bar. Crnogorski Telekom also intends to integrate wireless and internet units.
In recent years, the telecommunications market in Montenegro has developed rapidly and the industry has been one of the key players in the growth of the country’s economy.
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