Digi winds up 3-year network development project
Photo by Radu Bercan / Shutterstock.com
Telecommunications company Digi said on Monday that in December it is winding up a three-year, self-funded wired network development project that has seen 16 rural cities connected through the company's core optical network to its center in Budapest, according to a report by state news wire MTI.
The length of network now exceeds 2,000 km and extends to cities like Debrecen, Nyíregyháza, Miskolc, Szolnok, Szeged, Győr, Siófok, Székesfehérvár, Veszprém and Dunaújváros.
At the end of November Listed IT company 4iG on announced it signed a final sale and purchase agreement to acquire 100% of DIGI for EUR 625 million from RCS + RDS. The transaction is expected to close in January, subject to regulatory approval.
ADVERTISEMENT
Banking Assoc Delivers Negative Assessment of Gov't Measures
Parl't Approves Amendments to Legislation on Judiciary
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.
