PR-TELECOM upgrades broadband network in 150 settlements

Telco

Image by Pixabay

Telecommunications network provider PR-TELECOM is establishing and developing next-generation access broadband internet networks in 150 settlements in Hungary with HUF 3.3 billion in European Union funding, the company said today, according to Hungarian news agency MTI.

NGA networks are upgraded broadband internet networks offering higher download speeds and a better quality of service.

The 150 settlements are located in 12 areas scattered around the country. The project is set to finish by the end of 2018.

According to public records, the company had HUF 5.67 bln in net revenue in 2015 and a net profit of HUF 218.24 mln.

ADVERTISEMENT

EU-funded fact-checking website in Hungary launches Analysis

EU-funded fact-checking website in Hungary launches

General elections to be held on April 3 Elections

General elections to be held on April 3

Microsoft Hungary head Chris Mattheisen discusses the Vatica... Podcasts

Microsoft Hungary head Chris Mattheisen discusses the Vatica...

Most districts not planning mandatory vaccination at kinderg... City

Most districts not planning mandatory vaccination at kinderg...

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.