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Russia’s state-backed telecoms holding firm Svyazinvest is reconsidering its plan to sell its mobile networks. The group owns stakes in the country’s seven mega-regional fixed-line operators; three of these firms; Sibirtelecom, Uralsvyazinform and VolgaTelecom; also have cellular operations.
Rostelecom has reported a 1 percent increase in first-quarter revenues to RUB 15.36 billion (USD 633 million).
Pannon has installed an environmentally friendly heating system in its new head office which uses 180 geothermic heat probes drilled 100 meters deep to provide cold and hot water regulating temperature in the building. This is reported to be the seventh largest project of its kind in Europe.
Beltelecom, the nation fixed-line telco in Belarus, plans to invest USD 150 million to develop its communications networks and services in 2008, according to news portal e-belarus.org.
The Croatian Telecommunications Agency (CTA) has announced that it is offering HRK 16.14 million (USD 3.45 million) in subsidies for various broadband infrastructure projects, with HRK 3.2 million set aside for each of the following access technologies:
Chinese equipment vendor Huawei has installed a 2,700km fibre-optic network based on next generation wavelength division multiplexing (NG-WDM) technology for Hungarian incumbent Magyar Telekom (MT).
Boston-based M/C Venture Partners and Columbia Capital as part of a syndicate of private equity firms have bought telecommunications service operator GTS Central Europe, officials said. Financial terms of the acquisition were not disclosed.
Chris Bataillard, CEO of Romania’s (currently) CDMA network Zapp announced that their new 2100 MHz network will be functional by 30 June providing mobile high-speed data services based on ZTE’s UMTS/HSDPA solutions.
Under the terms of their 2100MHz 3G licence, Zapp must deploy a full 3G network by end of 2011, they will begin this process [...]