MOBILTEL TO INVEST USD 100 M IN 2002

Business | December 21, 2001, Friday // 00:00

The first GSM operator MobilTel will invest at least USD 100 M for construction of the network and improvement of its quality in 2002, Rumyana Kyuchukova, Executive Director of the company announced. In 2001, BGN 170 M were invested, by the end of the year the number of MobilTel’s clients will reach 1,3 millions. Kyuchukova did not wish to comment on the possible deal for MobilTel with a consortium of Austrian and German banks, presented by the Austrian businessmen Josef Taus and Martin Schlaff.
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