TODAY.AZ / Business

Azercell Telecom plans to invest about $94 million in communication field in 2006

07 February 2006 [15:06] - TODAY.AZ
The Azercell Telecom plans to invest $93,572,000 in the communication field in 2006, the JV head Serdar Djanogullari said today at the news briefing.

According to him, these funds will be mostly directed to the company's subscribers' network extension. "Along with this, this year the company will go on to introduce new technologies, open "Azercell Ekspress" new offices, Djanogullari underlined.

The company's head said investments for the period from 2006 to 2008 are planned in the amount of $350 million, and till 2010 - $550mln. In 2005 Azercell Telecom invested $108,499,321 in the Azerbaijan telecommunications sphere, Trend reports.

URL: http://www.today.az/news/business/22986.html

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