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Ayudate builds HUF 1 bln optical cable network

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Ayudate Investment Group is building a HUF 1 bln optical cable network as part of an infrastructure that will provide broadband internet to approximately 4,000 households in small communities around Pécs in southwestern Hungary, Távnet announced today.

The project is supported with a European Union grant amounting to 70% of costs, and it is expected to be completed by the fall. The company’s business strategy focuses primarily on investment and project management in the energy, ICT, infrastructure and agriculture sectors, Hungarian news agency MTI added.

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