Invitel extends broadband internet to 160,000 homes
In reaction to fast developing market trends, Hungarian telco Invitel will bring 100 Mbit/sec broadband internet access to approximately 160,000 homes by the end of this year, deputy-CEO Marianne Langsteiner said this morning at a press conference.
Marianne Langsteiner talks at the press conference this morning.
With the expansion, the total number of homes with such an internet connection is expected to exceed 600,000 Langsteiner added. The decision to expand was chiefly due to government tax incentives, as well as the increased consumer demand that comes with technology upgrades.
“We find it extraordinarily important to be able to meet the requirements of transforming consumer needs, while offering the highest standards with innovative products,” Langsteiner said. Invitel’s network services are used by some 1.15 million homes. The Hungarian telco launched a €30 mln development program for clients in its retail and corporate segments this spring.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.